Sony PlayStation prices may jump


Sony Corp. intends to raise prices for PlayStation game consoles for American buyers, if tariffs on Chinese components are increased. About the upcoming rise in price of consoles said the founding director of Sony Hiroki Totoki, writes The Wall Street Journal .

"Increased tariffs on electronic goods from China will ultimately harm the United States itself," said a senior executive at the Japanese corporation. The manufacturer seriously intends to compensate for the increase in tariffs at the expense of gamers.

Most components for the PlayStation are produced in China.

Earlier this year, Sony, Nintendo and Microsoft asked the US authorities not to introduce higher tariffs for electronics from China, as this could "harm the entire video game industry."

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