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Monday, April 28, 2025

Sony considering chip unit spinoff, Bloomberg reports

 Sony is considering a spinoff and listing of its semiconductor business as soon as this year, Bloomberg News reported, citing anonymous sources.

The Japanese conglomerate may retain a minority stake in Sony Semiconductor Solutions after the spinoff, Bloomberg reported.

"The article is based on speculation and there are no such specific plans," a Sony spokesperson said.

Sony has become an entertainment behemoth in recent years and is spinning off its financial arm.

https://ca.finance.yahoo.com/news/sony-considering-chip-unit-spinoff-232227184.html

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