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Sanyo to sell chip unit to On Semi, says report
July 05, 2010 // Peter Clarke
Sanyo Electric Co. Ltd. plans to sell its loss-making semiconductor subsidiary to On Semiconductor Corp., according to a Kyodo News International report, which cited unnamed sources.
The two companies are in discussions over the price which is likely to be in the range 20 billion yen to 30 billion yen (about $220 million to $350 million) but agreement is expected before the end of July, the report said.
Sanyo Semiconductor makes analog ICs for On Semiconductor products and made a 7.1 billion yen (about $80 million) loss on sales of 99.5 billion yen (about $1.1 billion) in the year to March 2010, the report said. On Semiconductor is a maker of a broad range of analog and mixed-signal ICs and was formed by a spin-off from Motorola's semiconductor product division in 1999.
The sale comes after Panasonic formed a capital and business partnership with Sanyo in December 2008, with a subsequent takeover completed on Dec. 21, 2009.
In late May, Sanyo Electric said it would sell shares of its distribution unit Sanyo Electric Logistics Co. to a Japanese investment fund, pulling out of distribution operations.
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Technology News
Floating surge stopper provides unlimited overvoltage protection
May 17, 2013
Protecting sensitive electronic circuitry from voltage transients is an essential part of any system be it automotive, industrial, ...
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Technology News
Altera to integrate Enpirion power interfaces into its FPGAs
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Technology News
Automation CAN group plans permanent interoperability test capability
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Feature Articles
Opening up new user-interaction scenarios with Time-of-Flight measurements
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Technology News
Goepel electronic initiates Cooperation Network with EMS companies
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The number of electric vehicle charging stations is set to soar globally by 2020, supporting a shift in driving away from ...
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In automotive lighting, LEDs still lacks of horsepower, study says
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Technology News
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Business News
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Technical papers
Filter Wizard
Check out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
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December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.
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