Technology

Panasonic leaves semiconductor business with Taiwan sale

Panasonic leaves semiconductor business with Taiwan sale

Japanese electronics manufacturer Panasonic Corp is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co to Nuvoton Technology Corp. In recent years, Panasonic has sold its semiconductor plants in Singapore, Indonesia and Malaysia.

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