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Gamers will face a rise in the...Gamers will face a rise in the price of PS5, but not switch
The Silicon Review
26 August, 2022
Author:
The Silicon Review Team
Gamers looking to buy a new console will face a price rise if they want a Sony PlayStation 5, but not if they choose a Nintendo Switch.
PS5s will cost an extra £30 in the UK than the current price. The European Union console price is going up by £42 and the Canadian consoles by CAD 20. Sony increased the console prices because of inflation, but it said Nintendo switch prices would remain the same despite rising costs. Meanwhile, PC gamers might soon be able to save money on their hardware.
Chief executive of tech company Nvidia, Jensen Huang, said the company had overproduced graphics cards, which in recent years have been in short supply. The price of PS5 won't rise in the US despite the increase in many states. Industry analyst at gaming research firm Ampere Analysis, Piers Harding-Rolls, said that reason for the price remaining the same in the US was a result of the strength of the dollar.
Mr. Harding-Rolls said he did not expect the price increase to put off gaming enthusiasts. But he added that the rise in the price of PS5 could potentially hand an advantage to Microsoft, which makes the Xbox console, a less expensive console in the market and is coupled with Game Pass.
