PS5 Price Hikes Expand to More Countries Worldwide
▼ Summary
– Sony announced price hikes for the PS5, PS5 Digital Edition, PS5 Pro, and PlayStation Portal in several East Asian countries, effective May 1.
– The price increases follow similar hikes in the U.S., UK, Europe, and Japan, with Sony blaming global economic conditions.
– In South Korea, the PS5 Digital Edition price rose 43% from its original launch price, with the disc version now at ₩948,000 ($644).
– Specific new prices were listed for Singapore, Malaysia, Thailand, Indonesia, Philippines, and Vietnam.
– The changes are attributed to a RAM shortage, rising component costs, and Sony’s dominance in the high-end console market.
Sony has expanded its PlayStation 5 price increases to several additional markets across East Asia, signaling that the console’s cost adjustments are far from over. The latest round of hikes follows similar increases implemented just last month in the U.S., UK, Europe, and Japan, which Sony attributed to shifting global economic pressures.
In South Korea, the new pricing structure is particularly steep. The disc-drive PS5 will now retail for ₩948,000 (approximately $644), while the PS5 Digital Edition jumps to ₩858,000 ($583). The PS5 Pro model climbs to ₩1,298,000 ($882), and the PlayStation Portal rises to ₩378,000 ($250). According to Inven Global, the all-digital PS5’s price increase in South Korea represents a staggering 43-percent jump from its original launch price.
The updated pricing for other affected countries, effective May 1, was published on the PlayStation Blog this morning. In Singapore, the standard PS5 will cost SGD 849, the Digital Edition SGD 764, and the PS5 Pro SGD 1,167. Malaysia sees the PS5 priced at MYR 2,799, the Digital Edition at MYR 2,499, and the Pro model at MYR 3,999. Thailand’s PS5 will go for THB 20,990, with the Digital Edition at THB 18,790 and the Pro version at THB 30,990. Indonesia’s PS5 jumps to IDR 11,399,000, while the Digital Edition is IDR 9,999,000. The Philippines lists the PS5 at PHP 40,032, and Vietnam sets it at VND 16,900,000.
These widespread adjustments reflect the ongoing RAM shortage and climbing costs for other gaming components. They also highlight Sony’s increasingly dominant position in the high-end console market, where competition has softened. Rumors have circulated that Sony is designing the PS6 to be significantly more affordable, but it is difficult to envision next-generation hardware undercutting current prices. Given how unpredictable this console generation has already proven, however, little can be ruled out.
(Source: Kotaku)
