Thursday, August 18, 2022
  • 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
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • 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
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Gaming Console

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.

ADVERTISEMENT

(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)

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

Tags: playstationps4 props5Sony
Back to top
Share53Tweet33SendShare

ADVERTISEMENT

RELATED ARTICLES

Sony micro matrix multi camera
Mobile

Sony Xperia 1 V Rumoured To Feature Micro-Hole Front Cameras

by Ian Chee
August 17, 2022
Maxis Zerolution PlayStation 5 2022
Telco

Maxis Zerolution Now Offers PlayStation 5 Horizon Forbidden West Bundle

by Chief Chapree
August 16, 2022
Spider-Man Remastered PC Scorpion
Gaming

Sony May Add PSN Account Linking For Its PC Games

by Ian Chee
August 16, 2022
PlayStation Summer Sale
Gaming

PlayStation Summer Sale Sees Games Discounted By Up To 80 Percent

by Ian Chee
August 2, 2022
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Apps

    WhatsApp Is Giving You Two Whole Days To Delete Messages

  2. 2
    Telco

    Maxis And U Mobile Reportedly The Only Holdouts From DNB 5G Network

  3. 3
    Fintech

    Touch ‘n Go RFID Fuelling Finally Goes Official: Now Available At 88 Shell Stations

  4. 4
    Console

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

  5. 5
    Mobile Phones

    vivo Y35 Now Available In Malaysia For RM 1,099

Consumer Tech News & Reviews Malaysia

NETWORK

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

ABOUT

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

©2022 LOWYAT MEDIA, LLC. 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
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.