Sony has slashed the price of its PlayStation 4 games console by over 12 percent in its Japanese home market—and finally given a name to its virtual reality gaming headset.
The headset will be called “PlayStation VR” and will be available in the next few months. It was unveiled in 2014 and was previously referred to as “Project Morpheus.”
“The name ‘PlayStation VR’ not only directly expresses an entirely new experience from PlayStation that allows players to feel as if they are physically inside the virtual world of a game, but it also reflects our hopes that we want our users to feel a sense of familiarity as they enjoy this amazing experience,” Masayasu Ito, division president of PlayStation Product Business, said in a statement.
Sony said the PlayStation VR would be available in the “coming months” but gave no details on pricing. The headset is competing against the likes of Facebook-owned Oculus Rift and the HTC Vive.
PS4 price cut for holiday season
In addition, the electronics giant said in a statement on Tuesday that the PS4 would now retail at 34,980 yen ($290) in Japan, down from 39,980 yen ($331).
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SOURCE: CNBC, Arjun Kharpal