Sony is reportedly planning to spin off its semiconductor business. Bloomberg cites anonymous sources claiming the new entity, Sony Semiconductor Solutions, could be established as early as this year.
New Business Structure
The semiconductor business handles research and development, product planning, design, manufacturing, and sales of semiconductor-related products. These include image sensors used in smartphones and digital cameras. Sony may retain a stake in the new company after the spin-off.
A Sony spokesperson denied the report, stating it was based on speculation. The company has “no specific plans” regarding this matter.
Sony’s Business Expansion
Over the years, Sony has grown into a major player in the entertainment industry. The company is currently separating its financial services business. The semiconductor arm is a significant part of Sony’s operations, and a spin-off could have substantial implications.
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