Home › Panasonic to sell off its smartphone chip unit for $250m
 

Keywords :   


Panasonic to sell off its smartphone chip unit for $250m

2019-11-28 01:00:00| Total Telecom industry news

Panasonic is to sell off its semiconductor and chipset manufacturing unit to Taiwan's Nuvoton Technology Corp, for an estimated $250 million. A report from Reuters highlighted the fact that Panasonic has already divested the majority of its chip businesses and the latest sale would form part of the company's ambition to cut its fixed costs by $920 million before March 2022…read more on TotalTele.com »

Tags: sell unit panasonic chip

Category:Telecommunications

Latest from this category

All news
»
20.04This Week in Agribusiness, April 20, 2024
20.04This Week in Agribusiness, April 20, 2024
20.04App to cut EU border queues won't be ready in time
19.04PPG Board of Directors Announce Quarterly Dividend of 65 Cents Per Share
19.04Can AI help solve Japans labour shortages?
19.04 PPG Board of Directors Authorizes $2.5 Billion Share Repurchase Program
19.04Warning jailed bankers ruling could hit loan rate
19.04NFU Statement on EPA E15 Announcement
More »