Sanyo sells off semiconductor business, restructures for the future

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24-09-2007, 7:50 AM

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Sanyo sells off semiconductor business, restructures for the future

Sanyo is throwing in the towel on it semiconductor business. The Osaka-based maker of Xacti camcorders and LCD projectors will sell all the shares in Sanyo Semiconductor Company to Advantage Partners, for an estimated 100 billion Yen. The move is the second stage of a major business restructuring. The company recently off-loaded its mobile phone [...]
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