Tech giant Microsoft has said that Sony is expected to release a PlayStation 5 (PS5) Slim model later this year at $399.99.

As a part of the Federal Trade Commission (FTC) versus Microsoft case, the tech giant filed documents which revealed this information, reports The Verge.

"PlayStation likewise sells a less expensive Digital Edition for $399.99, and is expected to release a PlayStation 5 Slim later this year at the same reduced price point," the company said in the documents.

Last year, Insider Gaming reported that Sony was preparing a PS5 with a detachable disc drive for September 2023. The console is expected to be sold on its own without the disc drive or in a bundle, which indicates that the company might be making the slimmer version of the PS5 the default.

This would allow users to choose with or without a bundled drive, along with the choice to add a drive later if needed.

Currently, customers have to either buy a $399 PS5 Digital Edition or the $499 PS5 with a disc drive, with no option to connect an optional drive later, the report said.