Reports today are suggesting that Apple could be on the verge of picking up 55% of Renesas SP Drivers, a company that specializes in the creation of chips and drivers for smartphone and tablet displays. The company currently employs around 240 staff, and is the biggest of its kind in the world.
If the purchase goes ahead, it would mean that Apple would be able to look after the bulk of its chip design in-house, potentially ensuring things are kept even more low-key in the future, and restricting the number of leaks that escape about future plans.
Any deal would also put Apple in an incredibly strong position in terms of the smartphone display chip market, as Renesas accounts for around 30% of the global supply of the components.
Apple has already brought some of its chip design in house, as we've seen with the A series of processors used in the iPad and iPhone, so the movie towards display chips wouldn't be entirely unexpected, but the company has yet to confirm or deny the reports.