Sony, NVIDIA sign new contract
NVIDIA and Sony have signed a new design contract for unannounced products. Under the terms of the contract, NVIDIA will receive more than the $30 million it earned for the design of the PlayStation 3's RSX graphics chip. American Technology Research reports that the contract is for the development of "a range of chip products," and that NVIDIA could find itself working on "different programs and products" within Sony. When interviewed by Reuters, NVIDIA Chief Financial Officer Marv Burkett refused to discuss exactly what NVIDIA would be designing for Sony, although he did confirm the contract was for "some further designs" and "engineering work," and that it would continue into 2007. Considering NVIDIA's recent acquisitions, as well as its announced plans to increase its presence in the mobile market, the contract may be for some unannounced Sony handheld products.