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Sony To Begin Selling PlayStation In China

Sony is planning to form a joint venture with a Chinese company in order to enter China's game console market, as it believes that the Playstation sales will help reverse the troubled consumer-electronics division. As the decade-long van on video game console sales is lifted, we see Sony as well as Microsoft attempt to sell their Xbox one console there.

There is currently no news of when the Playstation consoles will be available in China. This decision came across due to Sony's sixth consecutive annual loss due to restructuring costs. Through early April, they sold more than 7 million PS4's, beating Xbox one sales. They expect to sell 17 million worldwide within the next year.