Sony to split off fast-growing image sensor business

Sony Corp said it will split off its semiconductors operations in a bid to bolster growth in devices such as image sensors, which have helped lead a turnaround at the Japanese electronics maker. Sony said the move was part of the company's push to give autonomy to its business units to accelerate decision-making and make them more accountable for their profitability. Its sensor rivals include OmniVision Technologies and Samsung Electronics .