Sibling rivals Sony Corp and Matsushita Electric Industrial Co are each looking for a major chip acquisition: Sony, which already has links with the company, would like to absorb Advanced Micro Devices Inc, but such a move would likely prove politically unacceptable and AMD is thought likely to be acquired by another US chip company; Matsushita, the name of whose Matsushita Electronics affiliate already disguises a joint venture with Philips NV, may be on firmer ground if it pursues its suggested interest in Philips’ Signetics chip shop.
