Sony sells battery and accumulator business

Sony plans to sell its batteries and accumulators business to the Murata Group. The two Japanese companies have agreed that. Sony has been making batteries since 1975, but the group is focusing on core business.

The proposed sale involves Sony Energy Devices Corporation in Japan and also plants in China and Singapore. In addition, the battery and accumulator research facility in Japan is part of the sale to Murata. The parts for the sale of USB batteries and button batteries are probably not covered. The details of the deal are yet to be determined, with both parties hoping to close the sale by mid-October.

The divestiture of Sony Energy Devices Corporation is part of the strategy of Kaz Hirai, Sony’s CEO, to keep only the core areas: digital imaging, gaming and mobile. Sony Energy Devices Corporation was founded in 1975 as Sony-Eveready. Sony claims to be the first company to commercialize the lithium-ion battery in 1991.