Sony International spins off Altair Semiconductor as independent IoT chip company

Sony International executed a spin-off agreement that made Altair Semiconductor an independent company again, according to Telecompaper. The agreement restored the Altair Semiconductor brand for Sony's former cellular IoT chip division.

Telecompaper reported that Altair Semiconductor is now operating independently after the spin-off. The source description identifies Altair as a cellular IoT chip business, but it does not provide financial terms, transaction value, product names, customer names, or country-specific operational details.

The spin-off returns Altair Semiconductor to the cellular IoT chip market as a standalone company. In the eSIM and connected-device landscape, cellular IoT chip suppliers provide connectivity hardware used in devices that can rely on eUICC, the embedded universal integrated circuit card used for eSIM, but the source does not state any specific eSIM products, standards, or operator partnerships tied to this transaction.