From gamesindustry.biz:
[QUOTE]
Following rumours last month that Sony would sell its processor chip manufacturing facilities to Toshiba, the company has announced that it will enter into a joint venture instead.

The agreement, which should be completed by the end of March according to a report by Bloomberg, will see the transfer of manufacturing facilities to Toshiba, while manufacturing will come under the control of the Sony-Toshiba joint venture.
[/QUOTE]

Full Story: gamesindustry.biz

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