This post is by MacNN | The Macintosh News Network from MacNN | The Macintosh News Network
Click here to view on the original site: Original Post
Apple is in negotiations with Japan’s Renesas Electronics to acquire a unit of the company, says Nikkei. In particular Apple is said to be after Renesas SP Drivers, a joint venture with Sharp and Powerchip that designs chips for smartphone displays. The takeover deal would involve buying up Renesas’ 55 percent stake at an estimated price of 50 billion yen, or roughly $479 million….