Toshiba reportedly selling own camera sensor business to Sony

Toshiba reportedly selling own camera sensor business to Sony

PanARMENIAN.Net - Toshiba is expected to sell its camera sensor business (specifically, its manufacturing plant) to Sony for about $165 million in a bid to raise funds, sources for Bloomberg, the Japan Times and Reuters said, according to Engadget.

Neither company is confirming anything, but the talks are reportedly far along enough that users could see an official announcement as soon as next week.

Toshiba has major customers for its sensors, but it's a flyweight next to Sony - the 20-megapixel cam in the HTC One M9 is as illustrious as it gets. The firm doesn't have that much to lose by calling it quits. Sony, meanwhile, just broke out its sensor division as a separate company as part of a plan to increase its accountability and focus. It's not only a camera sensor powerhouse (both Apple and Samsung use its tech), but it has a lot to prove. If Sony acquires Toshiba's sensor business, it gets extra capacity and know-how that could keep it on top.

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