Sony may not be in the top 5 list of smartphone manufacturers but the company is known for its camera sensors you can find in most smartphones on the market. Companies like Apple, Motorola, and Samsung among others use Sony’s Exmor sensors in their devices.
Even as it is on top of the game, Sony wants to expand its imaging business even further. The company is in talks with Toshiba to acquire Toshiba’s image sensor division. Sony is said to be ready to sign the deal which is worth over $165 million.
If this deal goes through, Toshiba will pull out of the imaging business altogether. At this point, Sony has not officially confirmed this deal and all the information comes from trusted sources close to the company. As for Toshiba, it did not conform this deal but only said it was looking for the best option for its LSI semiconductor and discrete semiconductor businesses.
Toshiba may use this chance to offload its imaging business and focus on its more profitable ventures as we go forward. For Sony, this deal will allow the company to grow even further in the imaging market.