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360 price dropped in four Asian markets

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According to this Bloomberg report, Microsoft has dropped the price of Xbox 360 in Hong Kong, South Korea, Singapore and Taiwan.

The price of a basic version will drop by 17 percent to NT$10,360 ($340) in Taiwan and by about 11 percent in Hong Kong effective today, Hsieh said. Prices will fall 5.1 percent to 369,000 won ($369) in Korea and by 20 percent to S$499 ($366) in Singapore, according to separate e-mailed statements.

Last month, Microsoft cut the price of the Xbox 360 in Europe for the at least the second time in a year to win customers from Sony and Nintendo. The basic Arcade console fell to 199.99 euros ($311.38) from 279.99 euros, and the model with a 20-gigabyte hard drive dropped 80 euros to 269.99 euros.

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