Diamond Member Pelican Press 0 Posted July 8, 2024 Diamond Member Share Posted July 8, 2024 This is the hidden content, please Sign In or Sign Up Toshiba Said to Be Planning ***** of Image Sensor Business to Sony Toshiba Corp is set to sell its image sensor business to Sony Corp for around JPY 20 billion (roughly Rs. 1,070 crores) as part of a restructuring plan ***** out earlier this year, sources with knowledge of the deal said on Saturday. Toshiba, whose businesses range from laptops to nuclear power, is undergoing a restructuring after revelations this year that it overstated earnings by $1.3 billion (roughly Rs. 8,454 crores) going back to fiscal 2008/09. Image sensors, which are used in digital cameras and smartphones, are part of Toshiba’s system LSI semiconductor business. Toshiba plans to sell its image sensor manufacturing plant in Oita, southern Japan, and pull out of the sensor business altogether, said the sources, who declined to be identified. The ***** is likely to be finalised soon, the sources said. Toshiba is considering several options for its system LSI semiconductor business and its discrete semiconductor business and that debate is ongoing, a Toshiba official said when contacted. An official from Sony declined to comment. Masashi Muromachi, who became Toshiba’s CEO following the accounting scandal, has promised to restructure lower-margin businesses. The deal for the image sensor business would be the beginning of the restructuring, Nikkei reported earlier on Saturday. Sony is already a dominant player in the image sensor market, with its products used in phones made by China’s Xiaomi and India’s Micromax Informatix Ltd. © Thomson Reuters 2015 This is the hidden content, please Sign In or Sign Up #Toshiba #Planning #***** #Image #Sensor #Business #Sony This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/60624-toshiba-said-to-be-planning-sale-of-image-sensor-business-to-sony/ Share on other sites More sharing options...
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