Sony Corp. said Monday it will invest about 200 billion yen (U.S. $1.66 billion) over the next three years to produce advanced chips that will be used in its next-generation computer entertainment system.
The Japanese consumer electronics company and its video game unit will invest in state-of-the-art 12-in wafer-based chipmaking facilities using 65-nanometer process technology, the companies said in a joint statement. About $608 million of the investment is earmarked for the current fiscal year through March 2004, the company said.
The Sony group plans to manufacture large-scale integrated circuits for broadband networking applications, including a new general purpose processor for its next-generation computer entertainment system.
Sony Computer Entertainment Inc., Sony's video game unit, has been jointly developing the processor -- code-named CELL -- with Japan's Toshiba Corp. and U.S. computer giant IBM since 2001.
According to the company, a new production line will be installed in a chip plant operated by Sony Computer Entertainment in the southern Japanese city of Isahaya.
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