Tuesday, November 13, 2007

Sony to stop producing chips

Sony recently announced that it would be selling its cell producing unit to Toshiba.The electronics giant was down trodden too much by the manufacturing and research unit.The unit has produced both wonders and has also been an pain in the back for Sony.The deal will be settled for sum of $860 Million.Instead the giant plans to invest on the CMOS image sensor technology and will spend $720 Million in several stages over three years!

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