Sony Corp. this week said the Playstation 4 will battle against Microsoft Corp.’s Xbox One with games, social and online functionality.

Kaz Hirai, president and CEO Sony Corp., told CNBC this week that the company will deliver the best games to customers and functionality.

“With Playstation 4, we want to make sure that we have the best and compelling games that we bring to our consumers and fans through both our first-party studio products as well as from our third-party partners,” Hirai said.

“…this generation of software and hardware is going to include a lot of social aspects, a lot of network aspects as well. But I think we’ve been synonymous with bringing compelling gaming experience to customers around the world and PS4 is no exception,” he concluded.

The PS4 will utilize a PC-like architecture with a x86-based AMD Jaguar 8-core CPU, a 1.84 TLFOPS AMD next-generation Radeon GPU, and GDDR5 8GB RAM. In addition the hardware will feature a 6X Blu-ray disc drive, USB 3.0 interface, Ethernet, Bluetooth 2.1, HDMI, and digital output.

The DualShock 4 controller will include a new touch pad, share button, options button, built-in mono speaker, headphone jack, and light bar that will interact with a new PS4 Eye camera to track the controller. The PS4 Eye will feature 1280 x 800 60 frames-per-second functionality, with up to 320 x 192 resolution at 240 frames-per-second.

The Xbox One will utilize an 8-core AMD CPU, Radeon GPU, 8GB RAM, 500GB hard drive, Blu-ray disc drive, 802.11n Wireless with Wi-Fi Direct, HDMI, and USB 3.0.

The new Kinect, included with each Xbox One, includes a 1080p HD RGB camera and features 30 frames-per-second color, Time of Flight technology, and Microphone Arrays.

The Xbox One Controller features an integrated battery compartment, Impulse Triggers, Wi-Fi Direct Radio Stack, and a Precision Directional Pad.

Both consoles will be sold in late 2013.

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