Synaptics Message Board - Msg: 29552267

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Technology Stocks : Synaptics

SYNA 71.00

+0.8%

Oct 31 3:59 PM EST

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From: JakeStraw	5/27/2014 10:08:29 AM
	of 191

Japan's Renesas to sell display chip business to Synaptics finance.yahoo.com Renesas has been looking to sell its 55 percent stake in the unit that is the sole supplier of display driver chips for Apple's iPhone, as it focuses on customers in the auto sector and sheds non-core assets. Display maker Sharp Corp, which holds 25 percent of Renesas SP Driver and is unloading assets to bolster its finances, is also expected to sell its stake once Renesas reaches an agreement. Taiwan's Powerchip holds the remaining 20 percent.

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