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Sony may spin off its chipmaking unit.
Bloomberg reports that the tech conglomerate, which is looking to streamline its operation and recently began spinning off its financial arm, may list their semiconductor manufacturing arm as early as this year. This move would allow Sony, the maker of Playstation, to devote more resources to its gaming and entertainment businesses, though the plan may change due to market volatility caused by Donald Trump’s tariffs. (Sony denied the reports in a statement, calling them “speculation”.)
Sony Weighs Chip Spinoff That Dan Loeb Called for Years Ago
[bloomberg.com]
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