12:34 PM EDT, 04/28/2025 (MT Newswires) -- Sony Group ( SONY ) is weighing a potential spinoff of its semiconductor unit as part of efforts to streamline its business and focus on entertainment, Bloomberg reported Monday, citing people familiar with the matter.
A spinoff and listing of Sony Semiconductor Solutions could occur as soon as this year and Sony ( SONY ) may retain a minority stake in the business, Bloomberg reported.
Discussions about the unit are ongoing and plans may change, especially given the recent volatility in financial markets, according to the report.
Sony ( SONY ) did not immediately respond to a request from MT Newswires seeking comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 25.00, Change: +0.03, Percent Change: +0.12