PlayStation Vita will not receive a price cut in North America
Players looking to score a deal on the PlayStation Vita will be disappointed to hear that the handheld console will not be receiving a price cut like the one that was recently announced for Japan. According to Shuhei Yoshida, head of Sony Worldwide Studios, the reason for this is the exchange rate.

The exchange rate has been an issue with Nintendo in recent earnings reports, as well. This could ultimately play into the price of the PlayStation 4, when released, if the exchange rates stay at a similar level to what they are currently at.
SOURCE #1
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