Sony president of Worldwide Studios says recent Japanese price cut will not carry over to Western markets; PS4 supports 4K, but games don't.

NEW YORK CITY--The PlayStation Vita will not get a price cut in North America anytime soon. Sony president of Worldwide Studios Shuhei Yoshida confirmed the news today during a roundtable session as part of the company's PlayStation 4 announcement.

The PS Vita recently received a price drop in Japan, but no such price reduction is coming to other markets, Yoshida said, noting exchange rates are one of the reasons.

Decisions about price drops are made on a region-by-region basis, he said.

In addition, Yoshida today confirmed that the PS4 will support 4K resolution output (for video recorded in the format), though games will not.

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