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Sony Reportedly Evaluating Semiconductor Unit Spinoff Amid Market Volatility

The Japanese conglomerate is exploring a potential public listing of its chip division this year, though no specific plans have been confirmed.

The Sony logo is displayed outside the company's headquarters in Tokyo, Japan February 16, 2023.  REUTERS/Issei Kato/File Photo
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Overview

  • Sony is considering a spinoff and public listing of its semiconductor business, according to reports citing anonymous sources.
  • The proposed move could involve distributing shares of Sony Semiconductor Solutions to existing shareholders while retaining a minority stake.
  • Deliberations are ongoing, and plans may shift due to uncertainties in global markets influenced by U.S.-imposed tariffs.
  • Sony's spokesperson has denied any concrete plans, describing the reports as speculative.
  • This potential restructuring aligns with Sony's broader strategy to focus on its entertainment divisions, following the spin-off of its financial arm.