China Economic News Service (CENS) is reporting that the Taiwanese based manufacturer Hon Hai Precision has secured contracts from Sony to manufacture Sony's current home console flagship PlayStation3 alongside ASUSTeK Computer.

According to the report insiders claimed that Sony plans to introduce low-price SKUs, which are to be manufactured by ASUSTeK and Hon Hai, to boost their rather sluggish sales. Furthermore investors expect the move to foreshadow a more aggressive price campaign to increase the PlayStation 3's market share.