Sony shares rise on chip outsourcing plan
Afp, Tokyo
Sony Corp. shares rose over three percent on Wednesday after the company said it was considering outsourcing part of the production of the computer chips used in the PlayStation 3 game console. A Sony spokesman said the company expects a sharp drop in semiconductor related investment during the three fiscal years ending March 2010 from the 460 billion yen (3.79 billion dollars) invested in the previous three years. He did not say by how much Sony plans to reduce its investment.
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