Sony-Toshiba deal
Source: Agencies |
December 25, 2010, Saturday
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Print Edition
Print Edition
SONY yesterday said it had agreed to buy from Toshiba the factory that makes the core processor for its PlayStation 3 game console.
Toshiba Corp, which paid 90 billion yen (US$1.1 billion) for the facilities in a deal first announced in 2007, aims to transfer them back to Sony Corp after March 2011, the firms said.
The factory also makes chips used in cameras and high-end graphics applications.
Toshiba Corp, which paid 90 billion yen (US$1.1 billion) for the facilities in a deal first announced in 2007, aims to transfer them back to Sony Corp after March 2011, the firms said.
The factory also makes chips used in cameras and high-end graphics applications.
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