Asian price cut for Microsoft Xbox 360

Microsoft has announced a price cut on their Xbox 360 gaming console in four markets in the Asian region. India is not included unfortunately.

The company has lowered the prices of this gaming console in Hong Kong, South Korea, Singapore and Taiwan.

This announcement comes after the company noticed improved sales in Europe after a similar price cut in that region.

Microsoft has been lowering the price of the console to stay competitive as they face intense challenge from both Sony and Nintendo.

Nintendo has become the market leader with their Wii gaming console. Sony has been fighting back with their Playstation 3.