Saturday, December 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
BlackBerry Returns To Cash Flow
Comparison: Quantum Dot Vs. OLED Displays
Toshiba and SK Hynix Reach Settlement in Lawsuit Ahead Of CES
Google Concerned About MPAA's Actions To Revive SOPA
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > General Computing > Sanyo t...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, September 21, 2007
Sanyo to Withdraw From Semiconductor Business: Report


Sanyo Electric Co. has decided to sell all shares of its solely owned subsidiary Sanyo Semiconductor Co. to Advantage Partners, fully withdrawing from the semiconductor business, according to a Yomiuri Shimbun report.

Sanyo had given preferential rights to the Japanese investment fund regarding the sale of its semiconductor business.

Sanyo Electric first considered keeping part of its shares in the subsidiary, but opted to sell all of them as the business is easily influenced by market conditions and requires large-scale capital investment, according to the the Japanese newspaper.

The two sides are expected to reach a basic agreement in early October. The sale is likely to be valued at more than 100 billion yen, sources said.

The electronics firm is also expected to conclude a basic agreement with Kyocera Corp. on the sale of its cell phone business early next month.

Sanyo Electric will disclose plans for its various business units at the end of November. The withdrawal from the semiconductor and cell phone businesses is likely to be the key reform in the plan, the sources said.


Previous
Next
CMC and Ciba to Settle Patent Infringement Law Suits        All News        Fujitsu Launches Power-Management IC for Ultra-Mobile PCs
Starbucks to Offer Music As New service Starts     General Computing News      Sharp Joins Forces With Pioneer on Blu-Ray, Network and Car Electronics Developments

Get RSS feed Easy Print E-Mail this Message

Related News
Panasonic to Offload Sanyo's North America TV Business
SANYO Unveils Expansive 2014 Full-HD TV Lineup
Sanyo Settles LCD Patent Dispute With Sharp
Panasonic, Sanyo, LG Chem In US price-fixing Guilty Plea
Panasonic May Fully Absorb Sanyo Electric
Sanyo To Sell Its Digital Camera Business
Panasonic to Transfer Sanyo's "White Goods" Business To Haier Group
Sanyo Releases New Higher-Capacity eneloop Charger For Mobile Devices
Sanyo Introduces New ARM-based Audio Processing Solution For Portable Applications
Sanyo Files LCD Patent Infringement Lawsuit Against Sharp
ON Semiconductor Completes Acquisition of SANYO Semiconductor from SANYO Electric
Sanyo PLC-HF15000L Large Venue Projector Produces a Brightness of 15,000 ANSI Lumens With Greater Than Full HD 2K resolution

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .