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Sony cuts price of Vita handheld games console in Japan

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TOKYO (Reuters) – Sony Corp on Monday slashed the price of its struggling Vita handheld games console in Japan in a bid to spur sales of the device as gamers switch to free or cheap games played on tablet computers and smartphones. The maker of Playstation consoles trimmed the price of its 3G Wifi version by 10,000 yen ($110) to 19,980 yen, with all other models also reduced, it said in a statement. Tablets and smartphones are encroaching on the gaming market, with handheld consoles in particular suffering. . . .

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