December 23, 2010
Sony To Reacquire Toshiba Chip Plant
Sony Corporation is set to reacquire a Nagasaki semiconductor plant from Toshiba Corporation for an estimated $597 million dollars (50 billion yen) to double output capacity of its image sensors used in smartphones and other gadgets, according to a report from Nikkei business daily.
The facility, which Sony sold to Toshiba in 2008, is being bought back so Sony can strengthen its complementary metal-oxide semiconductor (CMOS) sensor business, the daily said.
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