Japanese gaming companies Nintendo Co (OTC:NTDOY) (OTC:NTDOF) and Sony Group Corp (NYSE:SONY) look to raise prices on their game consoles to shift the burden of the US tariffs on the consumers, reported Bloomberg, citing its research.
Under normal circumstances, American consumers are ready to shell out up to 30% more for a Switch 2 or PlayStation 5, implying up to $590 for the Nintendo flagship machine or Sony’s PS5 Astro Bot bundle.
Both devices are assembled in China and are now subject to a 125% duty for shipments to the US.
Also Read: Nvidia’s Custom GPU Enhances Nintendo Switch 2 With AI Features, Real-Time Ray Tracing, 4K Support
Nintendo also has an expanding production footprint in Vietnam, with a 90-day …
Full story available on Benzinga.com
Japanese gaming companies Nintendo Co (OTC:NTDOY) (OTC:NTDOF) and Sony Group Corp (NYSE:SONY) look to raise prices on their game consoles to shift the burden of the US tariffs on the consumers, reported Bloomberg, citing its research.
Under normal circumstances, American consumers are ready to shell out up to 30% more for a Switch 2 or PlayStation 5, implying up to $590 for the Nintendo flagship machine or Sony’s PS5 Astro Bot bundle.
Both devices are assembled in China and are now subject to a 125% duty for shipments to the US.
Also Read: Nvidia’s Custom GPU Enhances Nintendo Switch 2 With AI Features, Real-Time Ray Tracing, 4K Support
Nintendo also has an expanding production footprint in Vietnam, with a 90-day …
Full story available on Benzinga.com
Japanese gaming companies Nintendo Co (OTC:NTDOY) (OTC:NTDOF) and Sony Group Corp (NYSE:SONY) look to raise prices on their game consoles to shift the burden of the US tariffs on the consumers, reported Bloomberg, citing its research.
Under normal circumstances, American consumers are ready to shell out up to 30% more for a Switch 2 or PlayStation 5, implying up to $590 for the Nintendo flagship machine or Sony’s PS5 Astro Bot bundle.
Both devices are assembled in China and are now subject to a 125% duty for shipments to the US.
Also Read: Nvidia’s Custom GPU Enhances Nintendo Switch 2 With AI Features, Real-Time Ray Tracing, 4K Support
Nintendo also has an expanding production footprint in Vietnam, with a 90-day …Full story available on Benzinga.com Read MoreBriefs, Government, MSFT, News, NTDOF, NTDOY, Regulations, SONY, Media, MSFT, US5949181045, NTDOY, US6544453037, NTDOF, SONY, News, Government, Regulations, Media, Benzinga News
