Sony’s investment plan includes the repurchase of the semiconductor plant at Nagasaki Semiconductor Manufacturing Corporation in Nagasaki, Japan, which was purchased by Toshiba in 2008 for 90 billion yen (approximately RMB 7.2 billion). Currently, it mainly manufactures Cell Broadband Engine processors, RSX graphics chips, and other CMOS sensors for use in cameras and mobile phones. Sony and Toshiba officially announced this repurchase program on December 24, and will sign a formal agreement by the end of March 2011.
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