TOKYO (Reuters) – Sony said it will hike the price of its PlayStation 5 console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates.
The Japanese technology and entertainment conglomerate is raising the cost of a PlayStation 5 console without a disc drive by 11% to 499.99 euros ($569.59) from April 14.
The price of the same device will rise by 10% in Britain to 429.99 pounds ($566.90).
Manufacturers of electronics are facing headwinds including trade disruption in the wake of the imposition of tariffs by U.S. President Donald Trump.
Nintendo said earlier this month it is delaying the start of pre-orders for the Switch 2 gaming device in the United States as it examines the potential impact of tariffs.
The Switch 2 is due to launch on June 5.
($1 = 0.7585 pounds)
($1 = 0.8778 euros)
(This story has been corrected to rectify the price of PS5 in euros in paragraph 2)
(Reporting by Kiyoshi Takenaka and Sam Nussey)
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