Sony Looks to Offload Cellular Chipset Unit

Sony looks to offload cellular chipset unit

Sony is mulling selling off its Israel-based semiconductor business which produces cellular chipsets for connected devices, Reuters reported, noting the deal could generate as much as $300 million. The company lined-up bankers to purse a potential sale with talks in the early stage, the news agency wrote. Sony acquired Altair Semiconductor in 2016 and then changed its name to Sony Semiconductor Israel. In April, Bloomberg reported the Japanese t…

Sony Considers Sale of Cellular Chipset Unit Amid Entertainment Shift

Sony Group is exploring the sale of its cellular chipset business as it pivots further toward its entertainment operations, according to three people familiar with the matter.