Lithium-ion pioneer Sony is selling its battery arm
Ruh roh. It'll be interesting to see Murata will continue to manufacture batteries for public sale.
Ruh roh. It'll be interesting to see Murata will continue to manufacture batteries for public sale.
Sony is planning to sell its battery division to Murata, a Japanese firm that makes a diverse variety of products like wireless components and robots. Sony started the battery business in 1975 and was the first company to commercialize lithium-ion batteries back in 1991. The electronics giant has been selling off core businesses and assets in an effort to return to profitability -- it recently unloaded its VAIO PC division, New York and Tokyo Headquarters, and Sony Online Entertainment game division. It also split off its sensor and TV businesses into separate companies.