Sony had originally declared that the PlayStation 3 would be a “ten-year console,” and it looks like they weren’t kidding—the system is now getting killed off after being around for just over a decade. Launching in 2006, the PS3 brought neat features such as Blu-ray playback but struggled against the Xbox 360, yet the console continued to sell and still had its fair share of great exclusives, such as the Uncharted series.
PlayStation 3 will soon end production in Japan, according to the official Japanese PlayStation website. The page for the 500-gigabyte standard model, the only remaining PlayStation 3 model in production in Japan, mentions that “shipments are scheduled to end soon.” While a specific date is unknown a game shop in Kurume, Fukuoka seems to have suggested in a tweet that it received notification that production will end in March. PlayStation 3 first launched in November 2006.
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Source: [H]ardOCP – PlayStation 3 Production Ending Soon in Japan