https://www.reuters.com/article/us-panasonic-divestiture/panasonic-to-sell-its-chip-unit-to-taiwans-nuvoton-for-250-million-idUSKBN1Y12MN

Panasonic Corp said it would sell its loss-making semiconductor unit to Taiwan's Nuvoton Technology Corp for $250 million as the Japanese electronics giant struggles to lift its profit amid a lack of growth drivers.