A Sony executive says the company doesn't plan to cut prices for the PlayStation 3 video-game console before Christmas, despite Microsoft's recent move to slash prices for the Xbox 360 by as much as 30%.

Kazuo Hirai, president and group chief executive of Sony Computer Entertainment, told the Financial Times in Tokyo that the PS3 is already a far better value than rivals half its prices.

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Voltaic Systems offers backpacks and shoulder bags with built-in solar panels that can be used to recharge music players or cell phones.
"The answer is yes, if you're asking, 'Are these the prices we're going with this Christmas?'" Hirai said in an interview with the newspaper.

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