"Sony's PlayStation 5 prices are increasing globally, with the standard model now priced at $649.99, up from $549.99, effective April 2. The digital edition will cost $599.99, and the PS5 Pro will be $899.99. These changes reflect rising costs of key components, particularly memory chips, as the tech industry prioritizes higher-margin datacenter chips."
"The shutdown of Qatar's natural gas export facility due to an attack has threatened helium supplies, crucial for semiconductor manufacturing. Analysts warn that lower helium supply will lead to higher prices, especially if the conflict continues, impacting the production of consumer electronics like gaming consoles."
"Analysts predict that the recent price hikes for consoles will dampen growth in the video-game market this year. Sales of Sony's PlayStation 5 fell 16% in the October-December quarter, indicating a potential decline in consumer demand amid rising prices."
Sony is raising the prices of its PlayStation 5 consoles globally, with a $100 increase in the US. The standard PS5 will now cost $649.99, while the digital edition will be $599.99. The PS5 Pro will be priced at $899.99. This decision comes amid rising costs of key components, particularly memory chips, exacerbated by the tech industry's focus on AI infrastructure. The price hikes are expected to impact growth in the video-game market, as sales of the PS5 fell 16% in the last holiday quarter.
Read at www.theguardian.com
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