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by Daniel Huebner and Jennifer Olsen

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News

Week of June 26-July 2, 2000

[Thursday, July 6, 2000]

Sony Pittsburgh
Sony is opening a broadband semiconductor research center in Pittsburgh. The new Pittsburgh Semiconductor Design Center, part of the Pittsburgh Digital Greenhouse nonprofit partnership, will focus on research and development of technologies related to Sony's wireless and broadband network activities. "As Sony redefines its mission as a broadband entertainment network company, we expect our new Pittsburgh Semiconductor Design Center will be a strategic R&D facility,'' said Sony Corporation Senior Vice President Suehiro Nakamura.

[Wednesday, July 5, 2000]

Pokemon Dominance
Nintendo reports that Pokemon sales continue to soar. Sales of Nintendo's Pokemon videogames for the first five months of the year are up 220 percent from the same period last year. For the year, Nintendo expects total revenues to top $3 billion in North America alone. "The popularity of Pokemon continues to amaze the industry," said Nintendo's Gail Tilden, "all signs point to it being the number-one entertainment franchise again this year." To fuel the flames, Nintendo plans on releasing four new games, and new animated feature film, and hundreds of licensed products.

Interactive Cooperation
Three major Japanese electronic companies are planning a joint assault on interactive television. Sony is entering into a joint venture with Toshiba and Matsushita develop a range of interactive television services including shopping and videogames. The venture, the goal of which is to bring a joint standard to the market, follows on a similar deal between the three companies to design digital television receivers.

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