Sony Puts PlayStation 5 Price Hike Option on the Agenda

PlayStation 5, which has maintained its price balance in the gaming world for a long time, is facing the risk of another increase. According to Sony’s latest financial report, a serious financial burden has been created due to the current customs tariffs in America, and this situation can directly affect console prices. The company is working on various scenarios that include price increases.

Sony Puts PlayStation 5 Price Hike Option on the Agenda

New Price Increase on the Table for PlayStation 5

Sony Chief Financial Officer Lin Tao stated that they are facing a deficit of 100 billion yen (approximately $512 million) due to the current customs duties. Tao explained that they are investigating different ways to compensate for this burden and that increasing PlayStation 5 prices is among the options being evaluated in this direction. In addition to prices, the company may also make new arrangements in shipment distribution.

Sony CEO Hiroki Totoki brought up the idea of ​​localizing production. Emphasizing that the PlayStation 5 consists of components produced in many different countries, Totoki stated that it would not be easy to produce the console in America for this reason, but it could be evaluated together with the current crisis. The possibility of a change in the company’s production strategy is not ruled out.

The increase in hardware costs due to tariffs is not only valid for Sony. Xbox announced last month that it would increase hardware prices, while Nintendo announced that the Switch 2 would be released with a price tag of $450. Similarly, some new-generation games are preparing to be sold for $80.

Although Sony has not yet announced a clear price hike decision for the PlayStation 5, it has been clearly stated that this possibility is now on the table. If the trade tension between China and the US continues, gamers may have to see the PlayStation 5 at a higher price in the coming months. The steps the company will take in the coming period will be followed carefully.

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Dilay Sullu

I've been playing Survival Horror Games since my childhood. My favorite is Resident Evil. I also love other game genres such as Hack & Slash. I love creating all kind of contents for video games.

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