All Channels
Popular
300°

Sony Developing Strategy To Mitigate Potential Import Tariffs On PlayStation Hardware

Sony Interactive Entertainment is developing a strategy to mitigate potential import tariffs on PlayStation hardware.

Read Full Story >>
twistedvoxel.com
Knushwood Butt475d ago

Duplicate its supply chain by manufacturing in countries that aren't subject to high tariffs?
If so, OK, but that's a cost in itself, and not exactly something you can do overnight.

InUrFoxHole475d ago

Yeah but what other option do they have? Maybe punch out as much product as they can asap?

lukasmain475d ago

APPLE just annoucned they would be spending half a Trillion dollars to bring all their manufacturing into the USA from China to be done over the next 4 years. This is massive for the US economy

GamingSinceForever475d ago

I read the same but that has more to due with the issues between the U.S and China. It is not ideal to sole source from China because anything can happen on any given day that will shut the pipeline closed.

Apple moving production to the U.S has nothing to do with saving the consumers money, because it will be the exact opposite. The increase in labor would far exceed the increase due to tariffs.

I think an iPhone costs about $1300 today. Prepare to pay $2500 if made in the U.S.

lukasmain475d ago

We'll see and it doesn't have more to do with that. It's more of a direct result of Trump's policies. I don't live in the USA so I dont have a dog in the fight. I just watch a lot of USA news related content

Deathdeliverer475d ago

Well China is not playing ball so the Tariff war will erode the savings. Might as well do it in your own backyard if you aren't saving anything.

__y2jb474d ago

Yeah lots of US people queuing up for manufacturing jobs at Chinese worker wages right…right?

oldenjon474d ago

Not massive for the economy in terms of creating new tax revenue, and tangible benefits for most Americans as Apple already pays very little and is likely to pay even less under the current administration. Probably the only reason Apple signed on tbh. Expect Apple products to become more expensive and more jobs to become automated if this is the case, so net benefit may actually be unremarkable. More than anything this probably has to do with USA wanting to limit access to American technology, especially as it pertains to AI.

oldenjon474d ago

Ahh fake news actually, should’ve known as it came out the mouth of Trump. they are only building a factory to produce servers for Apple intelligence. The bulk of the manufacturing is being moved from China to India where it’s still cheaper to produce than in the US. The new factory will generate ‘thousands’ of jobs LOL,

Redemption-64474d ago

It isn't, especially not for the consumer. At best this is just a lie to make people who support trump to think this is happening or the government is footing majority of the bill. Do you seriously think if Apple start making more things in the states, their current prices would remain the same? They will go up significantly. Either the government keeps subsidizing them or they leave, as soon as the subsidies stop.

+ Show (4) more repliesLast reply 474d ago
gold_drake475d ago

im pretty sure nintendo and ms are also looking into other options how to minimise costs due to this.

darthv72475d ago

MS has a mfg plant in Mexico... I dont know if Nintendo (or Sony) does as well

gold_drake475d ago

they have some in other places too, not just mexico.

spoonard475d ago

25% tariffs on goods imported from Mexico...

darthv72475d ago Show
fr0sty475d ago (Edited 475d ago )

No matter how you cut it, Trump just made gaming (and owning electronics in general) much more expensive. #winning "It's not a tax! They won't pass the cost down to the consumers!" Sure thing... lol.

darthv72475d ago

@spoon... the nature of the tariffs on both Mexico and Canada are in response to the prolonged allowance of bad actors coming across the borders into the US. I said as much in my original comment that was marked as inappropriate when it is factual. 47 has stated that if both countries assist in stopping these bad actors from continuing to cross... the tariffs will cease. Chances are they will want to avoid any extra fees on goods/services which is why they are working with his administration to crack down accordingly.

@frosty... keep telling yourself that if it makes you feel better. I prefer to see the end result as this all plays out. Countries that have been taking advantage of the US $ need to rethink things if they want to continue to receive said $$, even from the consumer perspective.

P_Bomb475d ago

“ 47 has stated that if both countries assist in stopping these bad actors from continuing to cross... the tariffs will cease. ”

47 is also full of it. But go ahead and blame Canada if it helps you sleep at night. 😴

+ Show (3) more repliesLast reply 475d ago
Jingsing475d ago

In the end this will just drive the capitalistic model to more drastic solutions in the long term, maximize profits and don't make any hardware at all and just sell people digital bits down an optic cable. Putting tariffs on a digital economy is far more difficult than a physical based product economy. In the end the consumer will lose even more.

VariantAEC475d ago

These tarrifs do not appear to apply to software.

MrBaskerville475d ago (Edited 475d ago )

An easy solution would be to drop the American market. That would generally seem like a decent strategy for everyone going forward.

Might hurt a bit at first, but restructure and rethink. If Russia can be boycut, so should their puppets.

Rancegamerx475d ago

Dumbest thing I have ever read 🙄

Christopher475d ago

Only solution is to ignore the largest market territory for your product. Let's get this guy a CEO suit.

lukasmain475d ago

Well Apple is spending Hlaf a TRILLION to bring all their manufacturing into the USA

MrDead475d ago

What did you think of Bidens over a trillion dollors of investment?

https://www.reuters.com/mar...

Companies have pledged to invest more than $1 trillion in U.S. industries such as semiconductors and clean energy during the Biden administration, the White House said on Monday, citing the passage of three critical laws in recent years.
U.S. President Joe Biden has cited the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act as helping to push his sweeping infrastructure agenda and create more jobs nationwide.

lukasmain475d ago

I think that's great too. But Apple is putting their own money into the USA economy which will be a great boon for the USA manufacturing and other companies will follow suit now I think. Manufacturing back into the USA and penalising those companies who do not. Now Sony are finding a way to not pass on the added cost to us and keep the prices largely the same. There are ways and Apple are now doing the same thing.

lukasmain475d ago

Sony is reacting to the proposed tarrifs and so is Apple.

https://foreignpolicy.com/2...

Also, from Biden's incentivising and to Trump pushing these companies, I believe it will be beneficial to the USA

+ Show (2) more repliesLast reply 475d ago
Duke19475d ago (Edited 475d ago )

lol @ mitigate. Sony is going to use this as an excuse to bump the cost of the next PS hardware a few hundred extra. They still get to sell consoles at like $800-900 for a nice profit and get to blame the disastrous economic plans driving the cost. All of them will.

The only loser will be the consumer

475d ago
xenz475d ago

You can blame Trump for this fiasco.

475d ago
xenz475d ago Show
475d ago
xenz475d ago

The fact that Trump has to go on Truth social and tweet about one of the biggest american companies doing investments in the US just shows how utterly desperate and afraid he is. But since you’re mentioning that; have you even looked at the stock market this past month?

S&P 500: - 1,93%
DJI: - 2,17%
Nasdaq: - 3,34%
Russell 2000: - 5,61%
Tesla: - 18,70%
Microsoft: - 9,02%
Google: -10,26%
Nvidia: -8,65%

Then we have food prices like eggs rising by over 30% in 4 weeks. I could go on.

lukasmain475d ago (Edited 475d ago )

They're fixing the BS. Give it time. AND I was talking about Sony raising the prices of consoles because of the tarrifs and I don't think they will. This article proves Sony are looking to avoid that. So...

xenz474d ago

They aren’t fixing shit. Stock market is also crashing today.

Samonuske475d ago

What do you mean excuse..? Trumps dumbass tariffs are directly responsible for this, the increase in price for them to import the system here is obviously going to be put on the customer. Why would any business that suddenly had to pay more to be able to sell something not raise the prices?

+ Show (1) more replyLast reply 474d ago
Show all comments (67)
50°

Report: Injustice 3 in Development at NetherRealm Studios

Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.

80°

Playstation Plus Monthly Games for May: EA Sports FC 26, Wuchang: Fallen Feathers, Nine Sols

All available May 5.

Read Full Story >>
blog.playstation.com
FPSRUSSIA46d ago

What's Point in commenting your basicly closing down the site.

LiViNgLeGaCY46d ago

I'm surprised it's still the old site. I thought he said starting today?

Eonjay46d ago

Its like the final episode of the Sapranos. You gonna go to make a comment and when you click add th-

Profchaos46d ago

Timezone thing maybe.... RIP

darthv7246d ago

Insert the Ferris Bueller end scene... "You're still here? It's over.."

LiViNgLeGaCY46d ago

I think the only game here for me is Nine Sols. Was always interested in that game.

TheColbertinator46d ago

Glad I don't buy FIFA games anymore

Rebel_Scum46d ago

Hey now! Thats a great month.

Nacho_Z46d ago

Good month for me, I wanted that particular footy game and thought it might be due. Anyway who cares, shame about the site I'll miss the comment sections. All the best everyone.

Show all comments (16)
50°

Spiders Studio, Developers of GreedFall: The Dying World, Announce Liquidation of the Company

Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.

What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.

We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.

If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."