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Sony considering chip unit spinoff, Bloomberg reports

TOKYO (Reuters) - Sony is considering a spinoff and listing of its semiconductor business as soon as this year, Bloomberg News reported, citing anonymous sources.  

 

The Japanese conglomerate may retain a minority stake in Sony Semiconductor Solutions after the spinoff, Bloomberg reported. 

 

"The article is based on speculation and there are no such specific plans," a Sony spokesperson said. 

Sony has become an entertainment behemoth in recent years and is spinning off its financial arm. 

 

(Reporting by Sam Nussey; Editing by Muralikumar Anantharaman)

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