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Sony to spin off image sensor division

Oct. 06, 2015 8:30 AM ETSony Group Corporation (SONY) StockSONYBy: Yoel Minkoff, SA News Editor3 Comments
  • Sony (NYSE:SNE) is restructuring its devices division in a move that will spin off the firm's image sensor operations into a new company called Sony Semiconductor Solutions.
  • So far, Sony has primarily focused on splitting off underperforming units, but it said more autonomy for the sensors business would help it remain competitive.

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