Monday, October 2, 2023
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home News

Sony: Price Of PlayStation Consoles To Increase If Trade Wars Continues

by John Law
July 31, 2019
133
SHARES
Share on FacebookShare on Twitter

The on-going trade war between the US and China has clearly affected many companies, with Huawei seemingly receiving the brunt of it. Now, Sony is saying that US tariffs on China could effectively force the Japanese brand to raise the price of its PlayStation console, should it continue.

Warnings of the unwanted price hike were made by Hiroki Totoki, Financial Chief at Sony. Totoki says that the electronics giant was looking for measures to skirt the tariffs; sadly, making consumer bear the cost of manufacturing current PlayStation 4 Pro (PS4 Pro), plus its new and upcoming PS5 consoles. However, he’s hoping that it doesn’t come to that point.

Earlier in May this year, the US’ Trump administration signed an executive order that not only banned US companies from dealing with specific Chinese companies but also hit China with a US$200 billion (~RM825 billion) tariff. Worse still, the US is still thinking about expanding that tariff by a further US$300 billion (~RM1.23 trillion) in products. Including Sony’s PlayStation consoles.

(Image source: Getty Images)

It’s easy to understand Sony’s plight; the majority of parts used in the manufacturing of its PS console originate from factories within China. On top of that, the factory that manufactures said consoles is also based in China.

Of course, passing down the cost to its customers isn’t the only option on Sony’s table. The Japanese giant could opt to move its manufacturing plant out of China, and to another country, much like what Samsung and Apple recently decided to do.

(Source: WSJ via Engadget)

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Filed Under playstationps4 props5Sony
Back to top
Share53Tweet33SendShare
No Result
View All Result

TRENDING THIS WEEK

  1. 1
    Fintech

    Report Claims Merchants Will Be Charged With Transaction Fees For Receiving DuitNow Payments Starting 1 November 2023 [UPDATE]

  2. 2
    Wearables

    Xiaomi Watch 2 Pro, Smart Band 8 Land In Malaysia From RM199

  3. 3
    Laptops

    ASUS Launches Vivobook 16; Starts From RM2,599

  4. 4
    Mobile Phones

    realme C51 Now Official; Available In Malaysia For RM529 Until 8 October 2023

  5. 5
    Mobile Phones

    Xiaomi 13T Series Now Official; Price Starts From RM1,799

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2023 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2023 LOWYAT, LLC. ALL RIGHTS RESERVED.