Sony announces plans for PlayStation 4
February 22 , 2013
Sony announced on Thursday it is to launch its next-generation PlayStation this year.
The PlayStation 4 will be its first video game console in seven years.
Industry analysts say the console will give the firm a much-needed head start over the next version of Microsoft's Xbox.
The PlayStation 4 will have a revamped interface, enable users to stream and play video games hosted on servers and play while downloading titles as well.
Its new controller, dubbed the DualShock 4, will feature a touchpad and a camera to sense the depth of the environment in front of it.
Sony only displayed the controller but not the console.
It said the PlayStation 4 would be available for the year-end holiday season.
Sony's announcement comes as speculation mounts that Microsoft will launch the successor to its Xbox 360 this summer.