United Kingdom, May 14 -- Sony has warned it may raise the price of the PlayStation 5 due to the U.S. tariffs.
The company's Chief Financial Officer (CFO) Lin Tao said Sony needs to find roughly 100 billion Yen - which equates to approximately $512 million - to offset the new tariffs introduced by U.S. President Donald Trump, and therefore may increase the cost of a PlayStation 5.
During a recent earnings report, Tao said: "In terms of the tariffs, we are not just simply calculating the simple tariffs [prices] to come up with 100 billion Yen, but are thinking about the current available information and looking at the market trend, we may pass the price [to customers] and also shipment allocation.
"So we are taking different measures in...
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