Sony eyes Renesas fab for sensors
The two companies are in negotiations over a Renesas wafer fab in Tsuruoka in northern Japan, Reuters said referencing unnamed sources.
Sony has invested about $2.15 billion in CMOS image sensor production over the last three years and the demand for the imaging at higher resolution in smartphones and tablet and notebook computers is expected to increase, the report said. The market is expected to increase by 60 percent over the next five years and have an annual value of $12.3 billion in 2017.
However, Sony could invest in increasing capacity at its own wafer fabs in Nagasaki and Kumamoto so the deal is likely to depend on how much Renesas wants to be rid of its manufacturing commitments in an effort to go fabless, and how attractive it can make the fab to Sony.
Related links and articles: