Sony's official announcement determines these price increases were a "necessary step to ensure [the continued delivery] of innovative, high-quality gaming experiences to players worldwide." There is a general consensus that this hike is caused by the rapidly increasing cost of memory, as it becomes a high-value asset for AI data centers. The PS5 Pro will see the largest jump, now priced at $899.99. Industry analyst Piers Harding-Rolls said the price hike was expected and added that companies like Microsoft and Nintendo could follow if costs remain high. Jeepney, taxi, and TNVs' drivers already requested to raise fares in the wake of the impending fuel price hike as a result of the tax reform law. #StrikeTheHike is a multi-sectoral network of Filipino consumers against price hikes and privatization. Read more in our articles including "The Sony PS5 price just jumped to PHP 40K this month" and "PS5 gets price hike again as Sony cites global cost pressures".
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Aug 18, 2013Sony's official announcement determines these price increases were a "necessary step to ensure [the continued delivery] of innovative, high-quality gaming experiences to players worldwide." There is a general consensus that this hike is caused by the rapidly increasing cost of memory, as it becomes a high-value asset for AI data centers. The PS5 Pro will see the largest jump, now priced at $899.99.
Industry analyst Piers Harding-Rolls said the price hike was expected and added that companies like Microsoft and Nintendo could follow if costs remain high. Jeepney, taxi, and TNVs' drivers already requested to raise fares in the wake of the impending fuel price hike as a result of the tax reform law. #StrikeTheHike is a multi-sectoral network of Filipino consumers against price hikes and privatization.
Our coverage of PS5 price hike 2024 includes: "The Sony PS5 price just jumped to PHP 40K this month"; "PS5 gets price hike again as Sony cites global cost pressures"; "Globe rolls out Starlink Satellite-to-Mobile Service in the Philippines". Each article provides unique insights and information.