IBM and Sony have created a smaller version of the Cell chip which serves as the heart of the Playstation 3 game console.
The new chip is 45nm, compared to the currently used 65nm chip, that is pictured above. As expected the new Cell chip has some noticeable benefits when used, besides it being 34% smaller, it uses 40% less energy which also means less heat production and a smaller space requirement.
In addition, the 45nm chip is also cheaper to produce and this may in turn lead to a lower priced system on the consumer side as well.

