Several news sources are repeating a Bloomberg report that Sony is considering partially spinning off its semiconductor business.
https://finance.yahoo.com/news/sony-reportedly-mulling-semiconductor-unit-155046940.html
Sony Group is contemplating a spinoff of its semiconductor unit, a move that could see Sony Semiconductor Solutions become an independent entity as early as this year, reports Bloomberg. The move, which is still under discussion, is part of the group’s strategy to streamline business operations and concentrate on core entertainment sector. The potential spinoff would involve distributing most of Sony's holding in the chip business to its shareholders while retaining a minority stake.
According to Bloomberg, sources indicate that Sony Group is weighing the spin-off of its semiconductor subsidiary, Sony Semiconductor Solutions, with an IPO potentially taking place as early as this year. Another report from Bloomberg adds that the move would mark the PlayStation maker’s latest step in streamlining its operations and strengthening its focus on entertainment. As noted by the report, sources indicate that Sony is exploring a “partial spin-off” structure, under which the parent company would retain a stake in the subsidiary.
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