Sony Weighs US PS5 Price Hike Amid Tariffs

Sony is considering raising PlayStation 5 prices in the U.S. due to new and ongoing tariffs on imports from China and other countries, which could cost the company around $680 million. Sony executives, including CFO Lin Tao and CEO Hiroki Totoki, have confirmed that a price increase is likely if high tariffs continue, though no decision or timeline has been set. The company is exploring moving some PS5 manufacturing to the U.S., but global component sourcing complicates this plan. While Sony has already raised PS5 prices in the UK, Europe, Australia, and New Zealand, the U.S. market has not yet been affected, though current inventory is only expected to last three more months. Competitors like Microsoft and Nintendo have already raised prices due to similar pressures. U.S. consumers may soon face higher PS5 prices if tariff conditions persist.