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USA EditionYou are located: Home > All News > Business, Financial & Legal News > Sony buys back Toshiba's Cell plant for 50 billion yen

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

By: (more) | 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).

 

 

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.

 


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