Sony Reportedly in Talks to Buy Renesas Fab to Expand Image Sensor Production Capacity

Seeking Alpha, Bloomberg, Wall Street Journal quote Nikkei report that Sony is in talks to buy Renesas' Tsuruoka plant in Yamagata Prefecture and re-target it for CMOS sensor production. "The two sides are expected to sign a memorandum of understanding as early as the beginning of next week." The expected price of the fab is 10 billion yen ($96M).

The article says that Sony controls 30% of the image sensor market. Sony has said it gets 77% of its semiconductor sales from image sensors.

Sony Reportedly in Talks to Buy Renesas Fab to Expand Image Sensor Production Capacity
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