Video Game History

PS5 prices to rise in South Korea and Southeast Asia from May 1, 2026

Last April, Sony increased the price of its PS5 consoles in Europe, the UK, Australia, and New Zealand.

The cost of the PS5 Pro remained unchanged across all regions, while prices for the PS5 digital edition changed in the UK and Europe, and for the base PS5 in Australia and New Zealand.

Last month, reports suggested Sony is considering delaying the rollout of its next-generation console due to the ongoing memory shortage crisis.

This could mean the PS6 may launch in 2028 or 2029, causing "major upset to a carefully orchestrated strategy to sustain user engagement between hardware generations."

In Sony's most recent financial report, it shipped 8 million units of the PS5 during the holiday period, a 15.7% decrease from the 9.5 million units sold at the end of Q3 2024.

The component crisis has also led Valve to delay the launch of its next-gen Steam Machine, Steam Frame VR headset, and new Steam controller. Steam Deck OLED stock has been affected as well.

Nintendo has not raised the price of its latest console but is not ruling it out as it works to "secure stable supplies of memory components."

"Any decision to change the price will be determined comprehensively, taking into consideration not only profitability, but also other factors like the platform’s installed base, sales trends, and the market environment," said Nintendo president Shuntaro Furukawa.

"If the rise in memory prices continues for longer than expected, it may start to have an effect on hardware profitability. In this case, we will examine various factors to determine how to handle the situation."

Earlier this week, reports suggested Nintendo is adjusting Switch 2 production following weak holiday sales.

Yesterday, the platform holder announced digital versions of its Switch 2 titles will cost less than their physical counterparts in the US to reflect "the different costs associated with producing and distributing each format."

Nintendo raised prices of the original Switch in the US last August, increasing the console price by up to 15% and the accessories by up to 33%.