Sony denies rumours of PS3 chip division sale

A deal reportedly would likely include lines for fabricating the Cell, which Sony co-developed with Toshiba and IBM for the PS3, as well as image-processing chips for game consoles and camcorders.

"Although there was a report that our company will sell large-scale integrated circuit production lines to Toshiba, nothing has been decided," Sony said in a statement over the weekend.

Toshiba issued a similar statement, also saying nothing has been decided.

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