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Last updated on April 19, 2014 at 18:42 EDT

Sony To Reacquire Toshiba Chip Plant

December 23, 2010

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.

The Nikkei daily said acquiring the plant will double Sony’s image sensor output capacity to the equivalent of nearly forty thousand silicon wafers a month. By boosting output and lowering production costs, Sony aims to catch up with other firms, including Samsung Electronics and other US companies in the CMOS sensor industry, the business daily reported.

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