Sony disclaims reports of chip operations sale

While quite a few reports seemed pretty confident that Sony was indeed looking to sell its PS3 chip production facilities to Toshiba, Sony has now hit back with denials. Reportedly, the firm stated that it was "looking at ways to improve its chip operations but had reached no decision on whether to sell it," and just in case you needed a bit of proof from the other side, a spokesman for Toshiba "also said that no deal had been decided." According to Sony spokesman Tomio Takizawa, "nothing concrete has been decided," so until we hear otherwise, we'll take his word for it.

[Paul @ Sep 18th 2007 7:40PM]

Why is it everytime there is some possible insider scoop, no matter what, sony denies it? I mean there have been several leaks coming out of Sony and every time they say its not true, and then about 50% of the time the leak turns out to be valid.

Kinda destroys their credibility

[Andir3.0 @ Sep 18th 2007 7:57PM]

I'm telling you, it's "anti-marketing" done by competitors to try to make you think something bad is happening to a competitor. The blog-o-sphere only makes it worse.

[ryan @ Sep 18th 2007 9:15PM]

haha 50% of the time.. are u sure about that? so are you saying that it is either valid or not valid?

[eddie_nutritious @ Sep 22nd 2007 12:49AM]

First thing that came to my mind upon reading this:

"Sounds like Springfield's got a discipline problem..."

"Maybe that's why we beat them at football nearly half the time!"

[Eric Allen @ Sep 18th 2007 9:18PM]

dont do it sony come on they make hd dvd players and your gonna sell them your chips what is going to stop them from rising the price of the chips
cause you know they will just to make sony lose money so that there hd dvd players come out of this in the gain and sony will have to switch

[OddManOut @ Sep 19th 2007 12:22PM]

"...what is going to stop them from rising the price of the chips..."

A contract would probably work. And if toshiba were to breach, Sony could just sue for ungodly sums of money. I can't see Sony having a problem with either case...

Besides, Cell is at least partially Sony's IP. It's partlly Toshibas as well, but I don't think Tosh could gouge Sony too badly...

[matixmattix @ Sep 18th 2007 9:21PM]

I think Sony is lying, like with the whole ps3 price drop thing before.

[joshua @ Sep 18th 2007 9:24PM]

testing

[SimbaDogg @ Sep 18th 2007 9:40PM]

so i guess toshiba saying that no deal has been decided isn't good enough for you? what the hell is wrong w/ you people

[cswallow01 @ Sep 18th 2007 11:27PM]

Sony said they weren't closing the Sony CONNECT music store division two months ago... Then I recieve an e-mail two weeks ago saying they're closing CONNECT in March 2008. Am I missing something?

Sony isn't the most honest of companies... Atleast with Apple, there's a leak, and Apple legal asks for it to be removed, which basically says "Yes!, It's authentic and true!".

[Phil @ Sep 19th 2007 12:05AM]

Well, they weren't closing the music store 2 months ago.

[Harold @ Sep 19th 2007 6:25AM]

@ Paul. You obviously know nothing about business. All businesses do exactly the same thing. These company's have shareholders and the value of shares is affected by things like this so if a deal isn't concrete it is always denied until it is. The fact that you seem to think it's only Sony that do it just shows how prejudiced you are towards them. If you want to hear some real lies just look at how Microsoft lied to all of their customers for over a year about the red rings of death.

[Rususeruru @ Sep 19th 2007 4:35AM]

Sony says, "We'll sell this for this much."
Toshiba says, "Too much."
the public will hear, "It's all a load of lies."
a few weeks pass, Toshiba and Sony, "Hey everybody big news!"

[kaztm @ Sep 19th 2007 5:35AM]

"had reached no decision" and "no deal had been decided" are denials for "looking to sell"?

Engadget, you can write, but you don't read, do you?

[icepop4who @ Sep 19th 2007 9:25AM]

heh heh. how typical of sony. another display of their excellent use of the non-denial denial.