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News Burst: IBM, Sony, Toshiba to spend $400m on new chip

Matthew Broersma ZDNet.co.uk

Published: 12 Mar 2001 11:55 GMT

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IBM, Sony and Toshiba announced on Monday plans to develop a new kind of microchip specially suited for broadband networks and aimed at consumer computing and electronics devices. The companies said they will contribute more than $400m (about £272m) over the next five years to research and development of the new chips.

More details to follow.

See Chips Central for daily hardware news, including interactive roadmaps for AMD, Intel and Transmeta.

Have your say instantly, and see what others have said. Click on the TalkBack button and go to the Chip Central forum

Let the editors know what you think in the Mailroom. And read other letters.

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In association with Intel
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