The company is in talks with investment fund Japan Industrial Partners, and the price is said to be about 50 billion yen ($490 million).
Under the current plan, Sony would unload the business which would then be re-opened as a new company with Sony remaining a small stakeholder.
Other reports had claimed that Lenovo Group was looking into a joint takeover of the Sony Vaio PC business overseas. Sony denied those reports.
Sony continues to focus its operations and sell or liquidate divisions that are not considered "core."
Written by: Andre Yoskowitz @ 4 Feb 2014 18:48