PlayStation 5 consoles will receive a price hike on Thursday, making the Sony game system the latest product to become more expensive as the market grapples with a shifting tariff landscape.
Sony, the parent company of PlayStation, announced the price increase on Wednesday, giving consumers a day’s notice before raising the prices by $50. The most expensive and graphically powerful console, the PS5 Pro, will now go for $749.99 in the United States.
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The announcement did not mention President Donald Trump’s tariffs, only saying PlayStation is navigating “a challenging economic environment.” Last month, Trump announced a trade deal with Japan, Sony’s home country, which enforces a 15% reciprocal tariff.
The Washington Examiner has contacted PlayStation for comment.
Sony officials said on Aug. 7 that the brand is making progress on “supply chain diversification” and is expecting to complete this halfway through its current fiscal year on Sept. 30. The officials also said the hardware Sony sells in the U.S. is being produced in countries other than China.
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Nintendo and Xbox, the latter of which is owned by Microsoft, also increased the prices of their gaming consoles. An Xbox now costs up to $599, up from $499.
Nintendo announced the price increases of its Switch console, which originally hit the market in March 2017, on Aug. 1. The prices of Nintendo Switch 2 consoles, which went on sale June 5, currently remain at $449.