Microsoft Cuts Xbox Prices In Four Asian Markets

SAN FRANCISCO (Reuters) -- Microsoft Corp said on Tuesday it is cutting prices on the Xbox 360 in four Asian regions by as much as 20 percent in an effort to expand the audience for the video game console.

The reductions will take effect this week in South Korea, Taiwan, Hong Kong and Singapore, Microsoft said.

"This price drop is part of Microsoft's ongoing strategy to bring Xbox's high-definition gaming and entertainment experience to an even wider user base," Microsoft said in a statement. full story