Friday, October 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Pirate Bay Co-founder Sentenced To 42 Months Imprisonment
SEL Showcases 1058ppi And Foldable OLED Displays
New Outlook for Mac Available Now, Office for Mac Coming In 2015
Updated BBM Offers More Privacy, Control and More
Panasonic Raises Profit Outlook
Toshiba Offers New 4TB and 5TB Desktop HDDs
Samsung Introduces New Ultra Slim Galaxy A5 and Galaxy A3 Smartphones For The Chinese Market
Sharp 2Q Profit Slides
Active Discussions
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
 Home > News > PC Parts > Sanyo G...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 18, 2007
Sanyo Gives Up Plan to Sell Its Chip Unit


Sanyo Electric said on Wednesday that it had to abandon plans to sell its microchip operations, a move considered key to restructuring.

Negotiations with Advantage Partners LLP, which had won rights to negotiate the purchase, fell through after the Japanese investment fund was unable to procure funds from other investors.

The struggling electronics maker said Wednesday it will not seek another bidder for Sanyo Semiconductor Co.

A senior Sanyo official said other investment funds that are potential buyers are also facing difficulties raising the cash.

The sale was estimated to be worth more than 100 billion yen.

Analysts had favored Sanyo's plan to sell its semiconductor business.

Last week, Sanyo announced that it would begin talks with Kyocera Corp. to sell its cellphone operations.

The two companies expect to reach agreement by the end of the year. The sale is estimated to fall under 50 billion yen.

Sanyo had planned to concentrate its resources on solar cells, rechargeable batteries, car navigation systems and other operations.


Previous
Next
Cheaper 40GB PlayStation 3 Comes in U.S.        All News        Sony NEC Optiarc Introduces Slimline Blu-ray Disc Combo Drive
Western Digital Demos Highest Hard Drive Density     PC Parts News      Asustek Launches Affordable Laptop

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 .