PS5 Price Increase Possible Due to Tariffs
Sony is exploring options to counteract the impact of US tariffs, and a price increase for the PS5 is a strong possibility. This comes as the company reported losses in its Games & Network Services sector, attributing it partly to reduced hardware sales and the effects of foreign exchange rates. The forecast predicts an 8% decrease in income for this sector in 2025.
Manufacturing Shift to the US?
To mitigate the tariffs, Sony is considering manufacturing the PS5 in the USA. While this might create jobs and boost the US economy, it could lead to a higher price for consumers. The company is weighing the potential benefits against the increased costs this would entail.
This isn't an isolated incident; Microsoft recently announced similar price hikes for its hardware and software. Whether this influenced Sony's decision remains unclear, but gamers can expect a potential increase in prices across the board in the near future. The situation highlights the complex interplay between global economics and the gaming industry.
Source: VG247