Sony subsidiary SN Systems has cut the cost of the PlayStation Portable dev tools in half, effective today. The announced price reduction, in conjunction with a new Tuner performance optimizer, is hoped to increase the appeal of developing for the PSP. Support fees for current licensees will also enjoy a 50% reduction.

Sony made a similar move last November when they halved the price of its PS3 dev kit to a reported $10,250. Sales of the PSP, while still trailing the DS, have received a sales boost in recent months thanks to the handheld's redesign.

[Via Gamasutra]

This article was originally published on Joystiq.

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