Britxbox.co.uk reports that Microsoft may soon slash the price of its core XBox 360 console by almost $100 — due to a redesigned processing chip. Short video of the XBox 360 manufacturing process after the jump.
A new version of the Xbox 360 would be cheaper to manufacture and debut about a year after launch. If they hit their targets, the Microsoft would be able to cut the costs of its console in the autumn of 2006. Microsoft would have the option of slashing the price of its console, just as rivals come out with their first consoles. That would put a lot of pressure on Sony and Nintendo