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Sony Corp. said Monday the Sony group of companies will spend 120 billion yen in fiscal 2004 to manufacture high-end semiconductors at production sites run by Sony Computer Entertainment Inc., IBM Corp. and Toshiba Corp.

Sony and Sony Computer Entertainment, the manufacturer of PlayStation 2 game consoles, have joined IBM and Toshiba in developing advanced, superfast semiconductors to process visual images for use in next-generation digital home appliances and game machines.

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