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Games & Commerce

Valve raises Steam Deck OLED prices by up to $300 amid memory supply shock

Valve has raised prices for its Steam Deck handheld gaming PC by as much as $300, with the steepest increases hitting higher-end OLED models. The 512GB OLED model rose to $789 and the 1TB OLED model to $949. Valve said the device itself is unchanged and the new pricing reflects current parts costs and global logistics issues. Refurbished OLED prices also increased, while some LCD refurb prices stayed the same.

Games & Commerce

Sony PS5 sales plunge 46 percent, raising concerns for game business growth

Sony\'s PlayStation 5 sales fell sharply, with fourth-quarter unit sales down to 1.5 million and annual sales at 16.0 million. The company expects revenue in its Games & Network Services unit to drop by 265.7 billion yen in fiscal 2026, citing weaker replacement demand and memory procurement constraints. Still, annual segment revenue rose 87.3 billion yen, helped by currency effects, network services and third-party software sales.

Games & Commerce

Shift Up Q1 operating profit 21.5 billion won, down 18.1 percent

Shift Up said on Sunday its first-quarter operating profit fell 18.1 percent from a year earlier to 21.5 billion won, even as sales rose 12 percent to 47.3 billion won. Net profit rose 40.8 percent to 37.8 billion won. The company said profitability weakened as operating expenses increased and revenue from key IPs fell from the previous quarter. Operating expenses rose 61.4 percent year on year to 25.8 billion won.