Sony To Sell Chip Factory To Toshiba?
Sony's business needs a strong infusion of cash, reports from Japan claim, and the company's first step would be the selling of its chip factories. Apparenlty, Toshiba is the first in the buyers' line.
September 18, 2007
Rumor has it that the parties involved are already deep in the negotiations process and they should shake hands sometimes in the next two months.
It's rather funny, but the deal will have two bitter rivals working together. Sony and Toshiba are locked in the video format war, with the one backing the Blu-ray and the other hoping to place the HD DVD on the top spot.
Sony's “for sale” factories produce Cell chips, used in the company's PlayStation 3 console, one of the main reasons Blu-ray is successfully competing against HD DVD.
To put it simple: if Toshiba acquires Sony's factories, this means it would actually be supporting its rival. Because, rest assured, Sony has every intention to keep Cell chips production flowing and the contract is sure to have crystal clear clauses regarding this matter.