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Toshiba will sell sensor business to Sony
  • Vitaliy_KiselevVitaliy_Kiselev

    Toshiba Corp is set to sell its image sensor business to Sony Corp for around 20 billion yen ($164.68 million) as part of a restructuring plan laid out earlier this year, sources with knowledge of the deal said on Saturday.

    http://www.reuters.com/article/2015/10/24/us-toshiba-divestiture-sony-idUSKCN0SH2N320151024

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  • Vitaliy_KiselevVitaliy_Kiselev

    Toshiba looks to transfer up to 1,100 employees, or about 40%, at a production base in southern Japan to Sony in conjunction with the sale of chipmaking operations there, The Nikkei learned Monday.

    http://asia.nikkei.com/Business/Deals/Toshiba-may-shift-1-100-workers-to-Sony-in-image-sensor-sale

  • Vitaliy_KiselevVitaliy_Kiselev

    Official now

    Tokyo, Japan, December 4th, 2015 -- Based on the memorandum of understanding entered into between Sony Corporation ("Sony") and Toshiba Corporation ("Toshiba") on October 28, 2015, the parties today announced that they have signed definitive agreements to transfer to Sony and to Sony Semiconductor Corporation ("SCK"), a wholly-owned subsidiary of Sony, certain Toshiba-owned semiconductor fabrication facilities, equipment and related assets in its Oita Operations facility, as well as other related equipment and assets owned by Toshiba (the "Transfer").

    Under the agreements, Toshiba will transfer semiconductor fabrication facilities, equipment and related assets of Toshiba's 300mm wafer production line, mainly located at its Oita Operations facility. The purchase price of the Transfer is 19 billion yen. Sony and Toshiba aim to complete the Transfer within the fiscal year ending March 31, 2016, subject to any required regulatory approvals.

    Following the Transfer, Sony and SCK plan to operate the semiconductor fabrication facilities as fabrication facilities of SCK, primarily for manufacturing CMOS image sensors.

    The parties expect to offer the employees of Toshiba and its affiliates employed at the fabrication facilities to be transferred, as well as certain employees involved in areas such as CMOS image sensor engineering and design (approximately 1,100 employees in total), employment within the Sony Group, upon the completion of the Transfer.

    http://www.sony.net/SonyInfo/News/Press/201512/15-1204E/

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