Tag: gaming consoles

PlayStation 5 Sales Drop Nearly 50% Amid Memory Chip Shortages

Sony reports a 46% year-over-year decline in PlayStation 5 sales due to ongoing memory shortages affecting console production.

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Investors Push Nintendo to Raise Switch 2 Price Amid Profitability Concerns

Investors urge Nintendo to increase Switch 2 pricing due to rising costs impacting the console’s profitability less than a year after launch.

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Valve Ships Massive Steam Machine Consignment to US Ahead of Launch

Valve has imported around 50 tons of hardware labeled as gaming consoles into the US, signaling an imminent Steam Machine release.

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Sony Raises Prices on Refurbished PlayStation 5 Consoles Amid Memory Chip Cost Surge

Sony has increased prices on refurbished PlayStation 5 consoles by $100 due to rising memory chip costs impacting the gaming hardware market.

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Valve Confirms Active Development of Steam Deck 2, Building on 4 Years of Innovation

Valve announces ongoing work on Steam Deck 2, following four years of innovation in portable gaming hardware and software optimization.

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Memory Chip Shortage Delays Microsoft’s Xbox Launch Plans

Microsoft postpones Xbox console release timelines due to ongoing DRAM and NAND memory chip supply challenges affecting cost and availability.

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Plaion Revives Neo Geo AES with Modernized Retro Console Supporting Original Cartridges and CRT TVs

Plaion brings back the Neo Geo AES as NEOGEO AES+, a retro console that supports original cartridges, CRT TVs, and adds HDMI output with low latency.

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Lenovo Legion Go 2 Price Increases Amid Global Memory Shortage Impacting Gaming Consoles

The Lenovo Legion Go 2 portable gaming console has seen a significant price rise due to a global memory supply shortage affecting the broader gaming market.

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Sony Announces Global Price Increase for PS5, PS5 Pro, and PlayStation Portal

Sony confirms upcoming global price hikes for PS5, PS5 Pro, and PlayStation Portal gaming consoles amid widespread adjustments.

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Valve Seeks Partner Support Amid Memory Chip Shortages for Gaming Consoles

Valve turns to partners to secure memory chips as shortages and rising costs impact production of its gaming consoles.

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Valve Details Compatibility Standards for Steam Machine and Steam Frame Hardware

Valve reveals compatibility criteria for games on Steam Machine and VR headset Steam Frame, with less strict demands than Steam Deck.

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Palmer Luckey Aims to Raise $1 Billion for Retro Gaming Revival Startup

Palmer Luckey, Oculus VR founder, is seeking $1 billion to launch a startup focused on reviving classic gaming consoles and retro titles.

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