{"id":564831,"date":"2026-03-27T18:05:10","date_gmt":"2026-03-27T18:05:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/564831\/"},"modified":"2026-03-27T18:05:10","modified_gmt":"2026-03-27T18:05:10","slug":"sony-to-hike-playstation-5-prices-again","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/564831\/","title":{"rendered":"Sony to hike PlayStation 5 prices again"},"content":{"rendered":"

Sony Group is raising global prices of its PlayStation 5 consoles, including a US$100 increase in the U.S., marking its second hike in less than a year as the Japanese firm grapples with rising costs of key components such as memory chips.<\/p>\n

The tech industry\u2019s race to build out artificial intelligence infrastructure has pushed memory makers to favor higher-margin data-center chips, tightening supply for consumer devices. \u200c<\/p>\n

The updated U.S. prices, effective April 2, will put the standard PS5 at $649.99, up from $549.99. The Digital Edition will now cost $599.99 while the high\u2011end PS5 Pro will cost $899.99.<\/p>\n

\"\"PlayStation 5 Sony finally reveals the PlayStation 5’s design and its exclusive games. Credit:\tSony <\/p>\n

Prices of the PlayStation Portal remote player will also climb to $249.99 from $199.99.<\/p>\n

Similar increases will take effect across Europe and Japan, following what the company described as a \u201ccareful evaluation\u201d of rising cost pressures in global supply chains.<\/p>\n

Analysts have said the console price hikes are likely to dampen growth in the video-game market this year. \u201cFortnite\u201d maker Epic Games also cited sluggish console sales among the reasons for the cut of 1,000 jobs it announced earlier this week.<\/p>\n

In the key October to December holiday quarter, sales of Sony\u2019s PlayStation 5 fell 16% from a year earlier to 8 million units. The console has been on the market for around six years.<\/p>\n

Sony last raised PS5 prices by around $50 in the U.S. in August last year. Microsoft also raised prices of its console, the Xbox, last year.<\/p>\n

(Reporting by Kritika Lamba in Bengaluru; Editing by Sahal Muhammed)<\/p>\n","protected":false},"excerpt":{"rendered":"Sony Group is raising global prices of its PlayStation 5 consoles, including a US$100 increase in the U.S.,…\n","protected":false},"author":2,"featured_media":564732,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[712,49,48,61],"class_list":{"0":"post-564831","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-apple-news","9":"tag-ca","10":"tag-canada","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/564831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=564831"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/564831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/564732"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=564831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=564831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=564831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}