In desperate need of a turnaround, Sony just purchased Toshiba’s entire imaging sensor business.
Sony made a big move today costing the company 19 billion yen or approximately $155 million USD. This is right on par with recent reports that said Sony had built-up a brand new division called the Sony Semiconductor Corporation. Instead of facing Toshiba as a rival, Sony decided to buy out the company’s whole imaging sensor business. Sony wants to be the primary supplier for camera image sensors, which has become a big market for smartphones. Sony’s sensors are already included on a variety of smartphones from tech giants like Samsung, Apple and Xiaomi. The image sensors are also used in many DSLR cameras from Nikon.
Toshiba is reportedly thinking about merging with Fujitsu and/or Vaio in the future. The company is also considering selling a share of its memory chip business. Do you think this is the right move?
Source: Sony
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Sony buys out Toshiba’s imaging sensor business at a heavy cost
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