325w ago - According to the Associated Press, Japanese business daily Nikkei said Saturday that Sony was planning to shed costly semiconductor assets in a deal that could be worth about 100 billion yen ($870 million). Nikkei reported that an agreement could be reached in the next few months, allowing Sony to focus on audiovisual equipment instead.
Sony was said to be considering establishing a joint venture with Toshiba following any sale in order to ensure that there was a ready supply of chips for its gaming devices, specifically the PlayStation 3's Cell processor, which Sony developed in conjunction with Toshiba and IBM. Sony Computer Entertainment could even secure a minority stake in any venture, it was reported.
Stay tuned for more PS3 Hacks and PS3 CFW news, follow us on Twitter and be sure to drop by the PS3 Hacks and PS3 Custom Firmware Forums for the latest PlayStation 3 scene updates and homebrew releases!