Panasonic to sell their image sensor business TowerJazz: “Panasonic has turned its focus away from low-margin consumer electronics”

Panasonic is going to sell their image sensor business (TowerJazz) to Taiwan’s Nuvoton for $250 million: Panasonic has already divested most of its chip business as it lost to more nimble Korean and Taiwanese rivals, and has shut down or shifted its manufacturing facilities to its joint venture (JV) with Israel’s Tower Semiconductor. The latest … Continue reading Panasonic to sell their image sensor business TowerJazz: “Panasonic has turned its focus away from low-margin consumer electronics”