Tokyo, Feb 20, 2008 (Jiji Press) - Toshiba Corp. <6502> and Sony Corp. <6758> said Wednesday they will set up a joint venture to produce from April high-performance semiconductors, including products for Sony's PlayStation video game consoles.
The joint venture, whose name will be fixed at a later date, will be capitalized at 100 million yen, of which Toshiba will put up 60 pct, while Sony and its game arm Sony Computer Entertainment Inc. will each provide 20 pct, the companies said.
In line with an agreement announced in October last year, Toshiba is set to acquire by March 31 the 300-millimeter wafer fabrication facilities at the Sony group's Nagasaki Technology Center in Isahaya, Nagasaki Prefecture, southwestern Japan, for around 90 billion yen, the firms said.
Toshiba will then loan the facilities to the joint venture.
The joint venture, to be located in the Nagasaki center, will manufacture the Cell microprocessor and the RSX graphics processing chip for the PlayStation 3 game console as well as Toshiba's leading-edge system-on-chip products for use in digital consumer goods.
The existing facilities are designed for 65-nanometer processing technology but the new unit plans to upgrade them to 45-nanometer processing technology in cooperation with Toshiba's system-on-chip plant in Oita, southeast of Nagasaki.
Copyright © 2010 JCN. All rights reserved. A division of Japan Corporate News Network KK.
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