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Sony buys back Toshiba's Cell plant for 50 billion yen

Toshiba sell their Nagasaki manufacturing plant - at a loss

| Business, Financial & Legal News | Posted: Dec 23, 2010 6:16 am

Toshiba seem to have not had quite the run with Cell processors as they had planned. Back in 2008 they purchased the Nagasaki manufacturing plant for $90 billion yen ($835 million) and are now selling it for $50 billion yen ($597 million).

 

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Making a loss, but Sony seems to be smiling with promise here. Rumor has it that Son might use the plant to build more CMOS chips for its high-end camera range. Sony have also said they will use the facility to produce HD image sensors for cameras and smartphones.

 

NEWS SOURCES:Engadget.com

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