(The Guardian) Sony said it will hike the price of its PlayStation 5 console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates.
The Japanese technology company is raising the cost of a PS5 without a disc drive by 11% to €449.99 ($513.17) from 14 April. The same device will cost £429.99 ($566; €498) in Britain.
The technology industry has been grappling with the possible impact of the US tariffs on its supply chains. Japan was hit with a 24% tariff on its exports to the US on 2 April. Like most of Donald Trump’s new tariffs, they have been paused for 90 days while negotiations between the two countries get under way.
The Japanese technology company is raising the cost of a PS5 without a disc drive by 11% to €449.99 ($513.17) from 14 April. The same device will cost £429.99 ($566; €498) in Britain.
The technology industry has been grappling with the possible impact of the US tariffs on its supply chains. Japan was hit with a 24% tariff on its exports to the US on 2 April. Like most of Donald Trump’s new tariffs, they have been paused for 90 days while negotiations between the two countries get under way.