Apple in talks to buy Japan chip venture, seeks to secure iP

Home Forums Apple in talks to buy Japan chip venture, seeks to secure iP

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    Anonymous

    Technology News

    File photo of Renesas Electronics Corp's chip at the company's office in TokyoBy Reiji Murai TOKYO (Reuters) – The future of Apple Inc's supply chain for its flagship smartphones has come under industry scrutiny as people familiar with the matter said Apple is in talks to buy control of a Japanese venture that makes key semiconductors for its iPhone screens. The talks on what would be a rare acquisition in Japan for the U.S. technology giant come as competition heats up in the smartphone industry, with pressure to produce larger, sharper and less battery-draining screens. That makes the advanced chips made by the Renesas Electronics Corp division all the more valuable in future. Renesas, a loss-making Japanese chipmaker that is restructuring to focus on its core auto business, is also in talks with other companies on selling its 55 percent stake in the chip division, known as Renesas SP Driver, people familiar with the matter said on Wednesday.


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