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Nvidia cuts Shield price, confirms launch date

Portable system will now be available for $299 from June 27

Nvidia has cut the planned Shield price by $50 and confirmed a June 27 release date for the handheld system.

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Last month, Nvidia announced a June release date and $349 retail price for the hardware.

It will now be priced at $299. Customers who have already pre-ordered a unit will pay the new, lower price.

Nvidia said today on its blog: "We've heard from thousands of gamers that if the price was $299, we'd have a home run. So we're changing the price of Shield to $299.

"If you've already pre-ordered Shield, you'll be charged the new, lower price. You will only be charged $299 when the product ships.

"We want to get Shield into the hands of as many gamers as possible," Nvidia added.

Powered by an Android Tegra 4 processor, Shield features a five-inch retina-display touchscreen and can play full games directly from a PC (provided the host PC uses a GeForce GTX 650 card or higher).

Last month, Nvidia released a Shield video providing an overview of the hardware's form factor, as well as details on pre-loaded games and pre-order information.

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