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Sony, Shanghai Oriental Pearl To Set Up China Playstation Jvs


Ron Burgundy
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PlayStation 4's lead system architect Mark Cerny shows the new Dual Shock 4 controller during the PlayStation 4 launch event in New YorkBy Paul Carsten BEIJING (Reuters) - Japan's Sony Corp and China's Shanghai Oriental Pearl Group Co Ltd will set up two joint ventures to make and market Sony's PlayStation games console in China, Shanghai Oriental Pearl said in a stock exchange filing on Monday. One joint venture will be responsible for the console's hardware, while the other will be focused on software, the company said in the filing to the Shanghai Stock Exchange. The joint ventures, which will be in Shanghai's free trade zone, will be set up by a subsidiary of Shanghai Oriental Pearl and by Sony's China arm.




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