
Bloomberg News, citing informed sources, reports that Sony may be planning to spin off its semiconductor subsidiary, Sony Semiconductor Solutions, and subsequently list it on the stock market.
Currently, Sony Semiconductor Solutions supplies more than 50% of the world’s smartphone image sensors, and it is believed that by establishing it as an independent entity, Sony could grant the subsidiary greater flexibility for growth and enhanced profitability opportunities.
According to those familiar with the matter, Sony could move forward with this decision as early as within this year, while simultaneously enabling the parent company to sharpen its focus on its entertainment and consumer businesses.
Previously, Sony announced plans to spin off a portion of its financial services division, with the separation scheduled to be finalized in October of this year. Through these spin-offs, Sony not only preserves certain tax advantages for its core business but also retains a degree of control over the newly independent subsidiaries.
Sony’s gradual restructuring strategy primarily reflects a focus on its strongest revenue drivers, notably the gaming and music sectors. According to the company’s most recent financial disclosures, profit from its gaming division grew by 37%, while revenue from its music division rose by 28%. Thus, spinning off non-entertainment divisions may further bolster Sony’s long-term strategic development.