Sony Corp. said Thursday its next-generation PlayStation 5 console will launch Nov. 12 priced at ¥49,980 and ¥39,980 for a version without a disc drive, as it squares off against rival Microsoft Corp.'s Xbox console.
Suggested retail prices exclude tax and stores in Japan will start accepting preorders Friday for the products, said Sony Interactive Entertainment Inc., the unit in charge of PlayStation consoles.
The pricing announcement sets the stage for a year-end showdown between Xbox and PlayStation, as consumers continue to flock to consoles offering exclusive titles.