japan wants nissan-nec venture to buy sony battery operations: media - buy lithium ion battery

TOKYO (Reuters)-
A state in Japan
Support Fund hope Nissan Motor Co. , Ltd. and NEC will jointly purchase lithium from Sony Corp.
Ion battery units to prevent competitors in China and Taiwan from getting their technology because Tokyo TV manufacturers want to uninstall non-
According to the daily newspaper, the core business.
Shares of the Bravia TV maker rose 6.
9% in Tokyo after the report.
The company declined to comment.
Sony sold its chemical business to a government fund for Japan's innovation network last year (INCJ)
For $0. 7 billion, it is trying to revive the fate of its consumer electronics business by focusing on cameras, games and mobile devices.
Sony CEO Hirai and Fu said at CES Consumer Electronics Show in Las Vegas this month that any department that does not contribute to these core departments or help end the loss of TV can be sold.
Asset sales are listed as operating profit under the company's accounting rules.
Inca offered to invest in any company that was established by merging Sony's battery division with Nissan --
The selling news says the risks of NEC.
The newspaper, citing people familiar with the matter, added that the company is still looking for other potential Japanese buyers.
In 1975, it was established as a joint venture with the joint Carbide Company, and later Comprehensive
Sony energy equipment is a pioneer in lithium production
Ion batteries for computers and mobile devices.
However, Sony has decided not to enter the lucrative industry of car batteries, which has been battling prices --
Cut South Korean competitors in the $18 billion market each year.
The company has three factories in Japan, two overseas assembly plants in China and Singapore, and Sony's assets are worth $0. 578 billion.
NEC shares rose 2.
Tokyo 4%, Nissan 2.
The benchmark Nikkei 7% index rose 2% compared to 225. ($1 = 90.
0000 yen)