Sony is rumored to spin off its Image Sensor Business as a separate company as soon as this year:
"The spinoff and listing of Sony Semiconductor Solutions Corp. may occur as soon as this year, according to people familiar with the matter, asking not to be named discussing a private deal. Sony is considering distributing the bulk of its holding in the chip business to shareholders, and may retain a minority holding after the spinoff, one of the people said.
For the chip business, which makes industry-leading image sensors that go into cameras inside Apple Inc. and Xiaomi Corp. phones, a spinoff could give it greater flexibility to make faster business decisions and raise funds. Sony derived an estimated ¥1.7 trillion in sales last fiscal year from that division, though it’s unclear if the company intends to spin off the entire unit."
The billionaire investor Daniel Loeb suggested exactly that back in 2019:
Source: Bloomberg, via SonyAddict
