Technology
Sony Increases PlayStation 5 Price in India to ₹69,990
ETV Bharat1h
THE BRIEF
1
Sony has raised the price of the PlayStation 5 Standard Edition in India to ₹69,990, representing a 28% increase of ₹15,000 from the previous ₹54,990 price point.
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The hike is attributed to a global shortage of RAM and storage components driven by unprecedented demand for Artificial Intelligence technology across the semiconductor supply chain.
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Industry experts warn that consumers should expect further price increases on gaming hardware and accessories until the current chip supply crunch eases globally.