Sony ramps up to launch PlayStation in China

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Get in while it’s hot

Now that the ban on game consoles in China is up, Sony is gearing up to get their systems on shelves there. Bloomberg reports that Sony has formed two ventures with Shanghai Oriental Pearl Group to start selling PlayStation systems, with the Japanese company having a 70 percent stake in one venture, and a 49 percent in the other.

Sony rose the most in two months following this news.

Note that Sony still has yet to announce proper system launch plans for China.