Sony is facing difficulties keeping the new PlayStation 5 console under $450 USD manufacturing price due to high production costs, according to reports.
The high cost of manufacturing is due to its DRAM and NAND flash memory components. Bloomberg also reported that the high cost may be due to a new cooling system Sony is using for the gaming console, after complaints of fan noise with the older version of the PlayStation.
Sony is reportedly waiting to see how Microsoft will price its upcoming Xbox Series X console and will then determine a price range for fans.
The Japanese conglomerate unveiled details of the PS5 last year, hinting that the price point would be more than $399.99 USD, which was how the PS4 was priced.
However, Sony said it is seeking to keep the price range affordable for its customers and based on the features of the newest console.
The price of the PS5 may not be known until June. According to Bloomberg, Sony generally announces the price point of their products in February of the release year and start mass production during springtime.
According to Bloomberg, most of the components for the console have been chosen, and Sony opted for a more expensive cooling system, even though most companies most companies spend less than a dollar on this part.
Bloomberg also reported that that ongoing coronavirus outbreak has not had an impact on the production of Sony’s PS5. The company has not decided how many units it will make in the first year.