Sony and Toshiba sign definitive agreements for transfer of semiconductor fabrication facilities

Based on the memorandum of understanding entered into between Sony and Toshiba on October 28, 2015, the parties have signed definitive agreements to transfer to Sony and to Sony Semiconductor (SCK), a wholly-owned subsidiary of Sony, certain Toshiba-owned semiconductor fabrication facilities, equipment and related assets in its Oita Operations facility, as well as other related equipment and assets owned by Toshiba, according to the companies.

from DIGITIMES: IT news from Asia http://ift.tt/1Rz15Kz
via Yuichun