Sony Raises PlayStation 5 Prices by $50, Citing Harsh "Economic Environment"

Sony has announced it will raise the price of all PlayStation 5 models in the U.S. by $50, Andrew Nusca reported for Fortune Tech.

The baseline PS5 now retails for $550, the Digital Edition for $500, and the Pro model for $750. Accessory prices remain unchanged. I (Photo: Sony)

In a blog post, Sony attributed the hike to the global trade war. Most PS5s are assembled in Kisarazu, Japan, with components sourced from China and Malaysia.

“Similar to many global businesses, we continue to navigate a challenging economic environment,” the company wrote. Sony had warned in May that it might increase prices.

Left unspoken were the considerable import duties imposed by President Trump.

Currently, Japanese imports face a 15% levy, Malaysian goods 19%, and Chinese products 30%.

Consumer electronics such as video game consoles were not exempted from the tariff wave, as U.S. trade authorities classify them as toys. The new prices take effect immediately.

The baseline PS5 now retails for $550, the Digital Edition for $500, and the Pro model for $750. Accessory prices remain unchanged.

Sony is not alone in adjusting to the shifting global trade environment; Microsoft and Nintendo have also raised prices on their Xbox and Switch consoles, respectively.