PS5 Could Get More Expensive As Sony Considers Plans To Deal With Tariff Impact
Sony is bracing itself for a million impact from US tariffs, and to compensate for those potential losses, the PlayStation manufacturer might pass the increasing costs to its customers. During the company's earnings call, Sony CFO Lin Tao told investors that price increases on its hardware are being considered, although the PS5 console was not mentioned specifically.CEO Hiroki Totoki did mention that some PS5 console manufacturing could be moved to the US--most of its consoles are produced in China and are subject to a 30% tariff for now--as this would be "an efficient strategy" to avoid being caught in the crossfire of US President Donald Trump's tariffs."This hardware can be produced locally," Totoki said during the earnings call via a translator. "I think that would be an efficient strategy. PS5s are being manufactured in many areas. Whether it's going to be manufactured in the US or not, it needs to be considered going forward."Continue Reading at GameSpot
#ps5 #could #get #more #expensive
PS5 Could Get More Expensive As Sony Considers Plans To Deal With Tariff Impact
Sony is bracing itself for a million impact from US tariffs, and to compensate for those potential losses, the PlayStation manufacturer might pass the increasing costs to its customers. During the company's earnings call, Sony CFO Lin Tao told investors that price increases on its hardware are being considered, although the PS5 console was not mentioned specifically.CEO Hiroki Totoki did mention that some PS5 console manufacturing could be moved to the US--most of its consoles are produced in China and are subject to a 30% tariff for now--as this would be "an efficient strategy" to avoid being caught in the crossfire of US President Donald Trump's tariffs."This hardware can be produced locally," Totoki said during the earnings call via a translator. "I think that would be an efficient strategy. PS5s are being manufactured in many areas. Whether it's going to be manufactured in the US or not, it needs to be considered going forward."Continue Reading at GameSpot
#ps5 #could #get #more #expensive