TOKYO - Sony Corp (NYSE:SNE - news). said Friday it will slash the price of its much-anticipated PlayStation 3 video game console in Japan by 20 percent, heating up the competition in the next-generation gaming war against rivals Microsoft and Nintendo.
The announcement comes just days after Microsoft Corp. announced that it would roll out an external high definition DVD player for its
Xbox 360 in an effort to match the PlayStation 3, due to be released in November with its own Blu-ray DVD technology.

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