Sony hikes PS5 prices by up to $150 citing 'pressures' in global economy - CNBC

Sony raised PS5 prices citing surging memory‑chip costs and other pressures in the global economy, marking the second hardware price increase in under a year. Its buyback program and service fee increases show efforts to manage higher component costs while returning value to shareholders. Microsoft’s recent Xbox price hike and Valve’s Steam Deck increases underscore a wider industry pattern of hardware makers passing rising component and memory costs onto consumers.