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[Reuters] Sony to slash chip spending

Posted By: UGN Security

[Reuters] Sony to slash chip spending - 02/13/07 11:52 AM

TOKYO (Reuters) - Sony Corp. will cut back on future chip spending and may not produce advanced chips used in its PlayStation 3 (PS3) in-house, a senior executive said on Tuesday, in a move aimed at driving the semiconductor unit's nascent earnings recovery.
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