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SanDisk Corp. on Monday introduced a new digital music player that stores twice as many songs as the popular iPod Nano for nearly the same price and cut the cost of existing models ahead of the holiday shopping season.

SanDisk, which is a distant second to Apple in the digital music player market, said it would sell a model of its Sansa player with 8 gigabytes of storage capacity enabling it to save up to 2,000 songs.

The new player will retail at just under $250, More...

Credit: Reuters