Panasonic to sell money-losing chip business

Photo taken from a Kyodo News helicopter on Nov. 28, 2019, shows the head office of Panasonic Semiconductor Solutions in Nagaokakyo, western Japan. Panasonic Corp. said the same day it will withdraw from its money-losing chip business by selling its shares in Panasonic Semiconductor as well as Panasonic Industrial Devices Systems and Technology Co. to Taiwan's Nuvoton Technology Corp. (Kyodo) ==Kyodo