Sony Group (SONY) to Raise Global Prices of PlayStation 5 Consoles, Reuters Reports

Group 1 - Sony Group Corporation is raising the global prices of its PlayStation 5 consoles, with a $100 increase in the United States, effective April 2, bringing the standard PS5 price to $649.99 from $549.99 [1] - The price hike also affects the Digital Edition and PS5 Pro, which will now cost $599.99 and $899.99, respectively, along with an increase in the PlayStation Portal remote player to $249.99 from $199.99 [1] - The price adjustments are a response to rising costs of key components, particularly memory chips, amid increasing demand for AI infrastructure, which is prioritizing higher-margin data-center chips [2] Group 2 - Sony Corporation is a Japanese multinational conglomerate involved in the development, design, manufacturing, and sale of electronic devices, game consoles, and software for industrial markets [3]