Sony’s image sensors are very well-known and renowned. In fact there are many camera manufacturers out there who sometimes relies on Sony’s sensors for their products, not to mention Sony’s sensors have also found their way into many a smartphone, with Apple’s iPhones being one of their more high-profile clients.
According to a report from Reuters, it seems that Sony’s domination in the image sensor business is about to grow. The report claims that Sony and Toshiba are apparently close to reaching an agreement in which it would see the latter sell their image sensor business to Sony as part of a restructuring plan.
The company is taking their imaging sensor business very seriously. Earlier this month, Sony announced that they would be spinning off their image sensor business into a separate company. According to the official press release, “In the semiconductor business, where image sensors are a primary area of focus, Sony will establish Sony Semiconductor Solutions Corporation (“Sony Semiconductor Solutions”) to further reinforce this business, and concentrate on sustained growth.”
Prior to that, Sony’s CEO had also reiterated how important the business is to them and will be quadrupling the spending on semiconductors to a whopping $2.4 billion to help meet demand from companies such as Apple and Samsung.