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Saturday, December 20, 2008

Panasonic Reorgs, Buys Sanyo

EETimes: After many months of negotiations Panasonic acquired Sanyo for $9B. At some point Sanyo was the biggest CCD manufacturer for camera phones, but it was unable to switch over to CMOS sensors and lost its market share. Still, Sanyo produces a number of CCDs till now and has CCD-dedicated fab. The acquisition should strengthen Panasonic image sensor group.

In a separate move Panasonic will absorb its wholly owned subsidiary Panasonic Semiconductor Device Solutions Co. Ltd. (PSCDS). PSCDS used to be responsible for the camera module business. The move is expected to take effect on April 1, 2009.

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