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  PlayStation 3 chip on track
Time: 03:27 EST/08:27 GMT | News Source: CNET | Posted By: Robert Stein

Sony revealed new details Monday on the chip that will power the next version of its PlayStation video game machine and said development is on track to deliver products based on the chip next year. Sony and partners IBM and Toshiba said in a joint statement that IBM is ready to begin pilot production next year on the "Cell" processor jointly developed by the companies.

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