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    Home»Politics»Sony considering chip unit spinoff, Bloomberg reports
    Politics

    Sony considering chip unit spinoff, Bloomberg reports

    AdminBy AdminNo Comments1 Min Read
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    TOKYO :Sony is considering a spinoff and listing of its semiconductor business as soon as this year, Bloomberg News reported, citing anonymous sources.

    The Japanese conglomerate may retain a minority stake in Sony Semiconductor Solutions after the spinoff, Bloomberg reported.

    “The article is based on speculation and there are no such specific plans,” a Sony spokesperson said.

    Sony has become an entertainment behemoth in recent years and is spinning off its financial arm.



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