Sony to sell PS3 chip lines to rival Toshiba!

[galz]

TOKYO (AFP) - Sony Corp said Thursday that it had agreed to sell its production facilities for the powerful computer chip at the heart of its struggling PlayStation 3 game console to rival Toshiba Corp.
"The problem for the PlayStation 3 is that the production cost is too high," said Tatsuya Mizuno, an analyst at Fitch Ratings.
"It is difficult to maintain a high price because of the competition. That means it is difficult for them to get an adequate return on their investment."
Sony will also sell Toshiba its operations for the RSX graphic processor used in the PS3.

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