Japanese firm Toshiba Corp to sell image sensor business to Sony Corp
Q. Which Japanese company will sell its image sensor business to Sony Corp as per an announcement on 28th October 2015?- Published on 29 Oct 15a. Onida
b. Hyundai
c. Samsung
d. Toshiba
ANSWER: Toshiba
Japan’s Toshiba Corp has made arrangements to sell its image sensor business to Sony Corp and overhaul unprofitable semiconductor business as it seeks to recover from USD 1.3 billion accounting scandal. The company will send its image censoring manufacturing plant in Oita, southern Japan to Sony towards the close of the fiscal year in March and move out of the sensor business, company indicated in a joint statement. Sony will employ the 1,100 workers of the sensor business. Deal is valued around 20 billion yen. Toshiba is also set to withdraw from its LED business which is part of the semiconductor division.
