for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Panasonic says it will sell semiconductor business to Taiwan's Nuvoton

FILE PHOTO: A man is reflected on Panasonic Corp's logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) - Panasonic Corp 6752.T said on Thursday it would sell its loss-making semiconductor unit to Taiwan's Nuvoton Technology Corp 4919.TW, as the Japanese electronics giant struggles to boost profits amid a lack of growth drivers.

The deal value was not immediately available.

Reporting by Makiko Yamazaki; Editing by Shri Navaratnam

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up