At the recent CEATEC event in Japan, Sony Corporations Chairman and CEO, Sir Howard Stringer, talked about Sony’s role in the Consumer Electronics world, and how PSP, PS3 and the CELL will bring us the next generation of digital entertainment.

"The PS3, due out in Spring, promises to be our biggest breakthrough yet. Words do not adequately convey the visual and emotional impact of the PS3. It plays in high definition and high drama. And it plays Blu-ray, the high-definition disc that will become the standard of excellence for new generation of recording media."

"The Cell microprocessor which Sony developed with IBM and Toshiba clearly sets the PS3 apart. It is 35 times faster than the processor in the PS2. 10 times the power of a standard PC and twice the processing power of Microsoft's new Xbox360. This technology allows for super computer like performance, moving quality images and the degree of realism that is simply amazing in a home gaming device. It's been said in the press that no other chip in the world can touch it. We are confident that this is true."

PS3Portal has put together a summary of some of the main points of Sir Howard Stringer's keynote speech. So make sure read the full story at their site.

Full story at PS3Portal