Technology
Sony Hikes PS5 Prices by $100 Amid Rising Memory Chip Costs and Geopolitical Tensions; Lloyds Faces £66M Claim (Mar 28, 2026)
Sony is increasing PlayStation 5 console prices globally, including a $100 hike in the US, effective April 2, marking its second price adjustment in less than a year [1]. This move is driven by escalating costs of key components like memory chips, influenced by surging AI infrastructure demand and geopolitical factors [1]. Concurrently, Lloyds Banking Group faces a £66 million court claim from 30,000 car loan customers, bypassing the official redress scheme [2].