U.S. activist investor Daniel Loeb has called on Sony to spin off its "crown jewel" image sensor business to unlock the Japanese group's true worth as a global entertainment powerhouse.

In a letter to investors on Thursday, Third Point publicly acknowledged for the first time that it had reinvested in Sony through a $1.5 billion stake. The move launches its second campaign since the hedge fund failed in 2013 to persuade the Japanese conglomerate to sell a part of its entertainment business.

Loeb urged Sony to focus on being a global entertainment company, redeploying cash from its TV and cameras business to focus on gaming, music, and film and television. He also called for the sale of its shareholdings in Sony Financial, M3 Inc., Olympus and Spotify.

https://asia.nikkei.com/Business/Companies/Daniel-Loeb-calls-on-Sony-to-spin-off-sensor-business

Of course it does not mean anything for now. But something tells me that leading US companies and Samsung are behind this early warning.

Smartphone companies will find a way to not pay big money for extremely high marginal top sensors. Samsung having lot of tech and knowledge also looking on how to break secret agreement.