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Lithium-ion pioneer Sony is selling its battery arm
Sony is planning to sell its battery division to Murata, a Japanese firm that makes a diverse variety of products like wireless components and robots. Sony started the battery business in 1975 and was the first company to commercialize lithium-ion batteries back in 1991. The electronics giant has been selling off core businesses and assets in an effort to return to profitability -- it recently unloaded its VAIO PC division, New York and Tokyo Headquarters, and Sony Online Entertainment game division. It also split off its sensor and TV businesses into separate companies.
