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Deals Rumor Mill: KKR, Apple, Pioneer Investments

By Chelsea Naso (April 2, 2014, 1:19 PM EDT) -- Apple Inc. is in talks to takeover a struggling Japanese venture that makes key semiconductors for Apple's iPhone screens as mounting competition in the smartphone industry increases pressure to make larger, sharper and less battery-draining screens, Reuters reported Wednesday. Renesas Electronics Corp., the Japanese chipmaker, is in the process of restructuring to focus on its core autobusiness and is also reportedly in talks with other unnamed companies over the sale of 55 percent of the chip unit, known as Renesas SP Driver....

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