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Thursday, December 11, 2014, 21:26

Sony PlayStation 4 China sales to begin Jan 11

By Reuters
 Sony PlayStation 4 China sales to begin Jan 11

Visitors take a look at a Playstation 4 as they attend the Paris Games week show on Oct 29, 2014 in Paris. (AFP PHOTO / STEPHANE DE SAKUTIN)

SHANGHAI - Sony Corp will sell its PlayStation 4 in China for 2,899 yuan ($468) starting from Jan 11, a company executive said on Thursday.

This marks PlayStation's official entry into China, the world's third-largest gaming market, after Beijing lifted a 14-year ban on foreign gaming consoles earlier this year. Microsoft Corp launched its Xbox in China in September.

Gaming consoles were banned in China until January this year, meaning PC and mobile games dominate the Chinese market, where gaming revenues hit $14 billion last year.

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