Sony Corp. this week said the PlayStation 5 hardware will be sold at $499 Nov. 12.

The Digital Edition, which does not include a 4K UHD Blu-ray disc drive, will be sold at $399 Nov. 12.

Launch territories include the U.S., Japan, Canada, Mexico, Australia, New Zealand, and South Korea.

It will be sold in other territories, including Europe, Middle East, South America, Asia and South Africa, Nov. 19.

The hardware will include an eight-core AMD Ryzen CPU based on the 7nm Zen 2 architecture at 3.5Ghz variable frequency. The custom Radeon GPU will include 36 compute units at 2.23Ghz for 10.28 TFLOPs capability, 8K graphics support, and ray-tracing to model the travel of light against 3D models.

In addition, the new chipset will include 3D audio to better represent sound from various directions.

The hardware will include 16GB GDDR6 RAM. Memory bandwidth will total 448GB per second.

For storage, a new 825GB solid-state drive will be included to decrease load times and increase the amount of data pushed to render graphics. An NVMe SSD slot will allow for additional storage.

Finally, the console is backwards compatible to the PS4 and the PlayStation VR headset.