FILE PHOTO: A man is reflected on a Panasonic Corp’s logos at the Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo
(Reuters) – the japanese Panasonic Corp (6752.(T) sale of loss-making semiconductor business to the Taiwan-Nuvoton Technology, Nikkei Asian Review reported on Thursday.
Panasonic will also be as a result of the three, the Japanese chipmaking facilities at TowerJazz Panasonic Semiconductor’s joint venture with Israel’s Tower Semiconductor, according to the report. s.nikkei.com/35JxTeT
The current U.S.-China tariff war has impacted on chipmakers are already grappling with over-supply.
Panasonic did not immediately respond to a Reuters request for comment.
(This story removes extraneous letter in first paragraph)
Reporting by Neha Malara in Bengaluru; Editing by Vinay Dwivedi