Submitted by lalit on September 15, 2007 - 5:51pm.

Bloomberg is reporting that Sony Corp. is considering various options for its chip business one of which is selling it to Toshiba Corp. for 100 billion yen ($867 million). Sony’s Spokesman said “ We are considering various options for our advanced chip production, nothing specific has been decided.” The production line that Sony plans to sell to Toshiba is a “Cell chips” manufacturing line in Nagasaki Japan. Sony in February had said it may give up making the most advanced version of cell chips and would consider outsourcing the production.
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