Sony announced today that it will launch a new consumer electronics product that combines DVD and digital video recording facilities with the ability to play PlayStation2 games.

The PSX will be launched in Japan within this year.

The PSX, however, is not PlayStation3 or PlayStation2.5, said Sony's Jonathan Fargher. "It is a high-end DVD player that used the PlayStation2 chipset and is being sold by our consumer electronics division," he explained.

Along with the PSP (PlayStation Portable), due to be launched in 2004, the PSX marks the beginning of a series of products that will merge advanced electronics products with the games sector's leading edge semiconductor technology, Sony said. The company hopes these products will create a new market for integrated products.

Fargher was unable to say when the product will be available outside Japan.