Print  |  Send  |   

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.

All news

Analog & Mixed Signal ICs

Follow us

Fast, Accurate & Relevant for Design Engineers only!

Technical papers     

Linear video channel

READER OFFER

Read more

 

This month, Novelda is giving away two full XeThru Inspiration kits worth 1499 US Dollars each, for EETimes Europe's readers to experiment first hand with its XeThru technology.

Based on the use of radio waves, rather than infrared, ultrasound or light, the company's X2M1000 Inspiration modules can detect presence just from the chest movement while breathing, and measure both the rate and...

MORE INFO AND LAST MONTH' WINNERS...

Design centers     

Automotive
Infotainment Making HDTV in the car reliable and secure

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.

 

You must be logged in to view this page

Login here :