Sony considers spinning off semiconductor unit, Bloomberg reports

Sony (SONY) is considering spinning off its semiconductor unit, according to people familiar with the matter, marking the PlayStation maker’s latest effort to streamline its business and focus on entertainment, Bloomberg’s Yasutaka Tamura and Yuki Furukawa report. The spinoff and listing of Sony Semiconductor Solutions may occur as soon as this year, the people said. Sony is considering distributing the bulk of its holding in the chip business to shareholders, and may retain a minority holding after the spinoff, one of the people said.