Sony’s global memory shortage triggers a steep 28% hike, pushing the PS5 Standard Edition well past the Rs 69,000 mark.Gamers hoping to grab a PS5 in India will now need to loosen their wallets a lot more. Sony has officially hiked the PlayStation 5 Standard Edition’s price by a steep Rs 15,000.
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What Changed in PS5 Pricing?
The PS5 Standard Edition, previously priced at Rs 54,990, now costs Rs 69,990 in India, marking a nearly 28% price increase. Sony confirmed the hike through updated MRP stickers on new retail stock and Sony Center listings.
The company has cited the ongoing global memory shortage as the primary driver behind the increase, the same issue that has already pushed up PS5 prices in the US, UK, Japan, and Southeast Asia. Beyond memory shortages, rising manufacturing costs tied to growing global demand for memory and storage chipsets have also driven up prices across gaming laptops, graphics cards, and other PC hardware over the past year.
Interestingly, the PS5 Digital Edition, which was last revised from Rs 44,990 to Rs 49,990 in July of the previous year, has not yet received an updated price, as it is currently unlisted on Sony’s official ShopAtSC store. Udaipur Kiran
PS5: Overview
| Detail | Information |
|---|---|
| Console | PS5 Standard Edition (Disc) |
| Old Price | Rs 54,990 |
| New Price | Rs 69,990 |
| Price Hike | Rs 15,000 (~28%) |
| Reason | Global memory chip shortage |
| Markets Affected | India, US, UK, Japan, Southeast Asia |
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Final Thoughts
With global chip shortages showing no signs of easing, Indian gamers eyeing a PS5 may want to factor in the steeper price tag before making the purchase, as further hikes elsewhere suggest this trend could continue.
FAQs
Q1: How much does the PS5 cost in India now?
The PS5 Standard Edition now costs Rs 69,990, up Rs 15,000 from its earlier price of Rs 54,990.
Q2: Why did Sony increase the PS5 price?
The hike is primarily due to an ongoing global memory chip shortage affecting gaming hardware prices worldwide.
