Monday, July 09, 2007

Micron Considers Image Sensors Spin-Off

Barron's: Micron is considering spinning off its image sensor business into a separate company as part of a corporate restructuring plan, according a brief research note this morning by RBC analyst Mahesh Sanganeria.

Sanganeria wrote that one option under consideration is selling a stake to a private equity firm, “creating an immediate cash infusion.”

So, first was ST, now Micron is possibly abandoning IDM model. Who's next?

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