Sony to acquire Toshiba sensor business for $164.68 million

If you’re not entirely sure what to believe when it comes to Sony and its smartphone business, we won’t blame you. There were rumours of the company exiting the smartphone business, which were then debunked, and, more recently, reports of a dedicated smartphone-manufacturing-plant popped up. On top of all those we’re now hearing that Sony might be acquiring Toshiba sensor business.

There are several reports claiming this, all based on “sources” (meaning nothing’s official for the time being), and, according to these people, Toshiba is asking about 20 billion yen ($164.68 million) for its sensor business, Sony being mentioned as a buyer.

Sony imaging sensors (whether smartphone, camera, or camcorder) are among the best on the market, but Toshiba’s units are also on the list of best performers. “Toshiba plans to sell its image sensor manufacturing plant in Oita, southern Japan, and pull out of the sensor business altogether”, claim said unnamed sources, as part of a restructuring plan.

The deal is going to be reportedly finalised soon, and we’re expecting official wording once that happens. While Sony didn’t comment on the matter, a Toshiba official said that the company “is considering several options for its system LSI semiconductor business and its discrete semiconductor business and that debate is ongoing”.

Source: Reuters, Bloomberg

Share This Post
Join the discussion...
About The Author
Anton D. Nagy
Anton is the Editor-in-Chief of Pocketnow. As publication leader, he aims to bring Pocketnow even closer to you. His vision is mainly focused on, and oriented towards, the audience. Anton’s ambition, adopted by the entire team, is to transform Pocketnow into a reference media outlet.