Toshiba to sell sensor business to Sony for around $165 million: sources
- 9 years ago
Toshiba Corp is set to sell its image sensor business to Sony Corp for around 20 billion yen as part of a restructuring plan laid 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 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, whose businesses range from laptops to nuclear power, is undergoing a restructuring after revelations this year that it overstated earnings by $1.3 billion 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.