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Infernal Mass · May 6th, 2002, 03:21 PM

TOKYO, May 5 (Reuters) - Japanese consumer electronics giant Sony Corp (TOKYO:6758) has begun developing a games console to succeed its popular PlayStation 2 after 2005, Kyodo news agency reported on Sunday, citing company sources.

No one at Sony could be reached for comment.

The third-generation PlayStation will feature a powerful microprocessing unit (MPU) that would be about 200 times faster than those used now for video games machines and personal computers, it said.

Sony Computer Entertainment Inc, a unit of Sony, Toshiba Corp (TOKYO:6502) and International Business Machines Corp (IBM) (NYSE:IBM) plan to spend $400 million to develop the MPU, Kyodo said.

Sony plans to develop the console by 2005, with a view to putting it on the market when fibre-optic networks become widespread, the sources told Kyodo.

The new machine would be designed for online use on high-speed fibre-optic networks, meaning it would probably be free of memory devices such as DVDs.

The PlayStation series has been a runaway success, dominating the game machines market. But competition has increased with the recent lauch of Microsoft Corp's (NASDAQ:MSFT) Xbox.

In the business year that ended March 31, Sony shipped 18 million PlayStation 2 machines, boosting its game sales by 52 percent.

2005

May 6th, 2002, 03:21 PM	#1
Infernal Mass pariah Joined: Apr 2002 Posts: 2,385	Ps3 in the works TOKYO, May 5 (Reuters) - Japanese consumer electronics giant Sony Corp (TOKYO:6758) has begun developing a games console to succeed its popular PlayStation 2 after 2005, Kyodo news agency reported on Sunday, citing company sources. No one at Sony could be reached for comment. The third-generation PlayStation will feature a powerful microprocessing unit (MPU) that would be about 200 times faster than those used now for video games machines and personal computers, it said. Sony Computer Entertainment Inc, a unit of Sony, Toshiba Corp (TOKYO:6502) and International Business Machines Corp (IBM) (NYSE:IBM) plan to spend $400 million to develop the MPU, Kyodo said. Sony plans to develop the console by 2005, with a view to putting it on the market when fibre-optic networks become widespread, the sources told Kyodo. The new machine would be designed for online use on high-speed fibre-optic networks, meaning it would probably be free of memory devices such as DVDs. The PlayStation series has been a runaway success, dominating the game machines market. But competition has increased with the recent lauch of Microsoft Corp's (NASDAQ:MSFT) Xbox. In the business year that ended March 31, Sony shipped 18 million PlayStation 2 machines, boosting its game sales by 52 percent. 2005