PS5 Gets New Price Tags in Korea

South Korean gamers will see higher prices for the PlayStation 5 this month.

This is the first time a PlayStation console has been priced up more than once in its generation.

Why Prices Are Rising

• Global supply shortages and rising component costs
• Political tensions affecting production chains
• Smaller factories and shipping delays
• New chip shortages increase manufacturing expenses

Traditionally, prices fall after launch as parts become cheaper and production ramps up. In this case, the opposite has occurred.

Historical Context

• Initial Korean launch: Digital ₩598,000 / Disc ₩748,000
• North American launch: $399 (Digital) / $499 (Disc); now $649.99 (Disc)
• Japan: ¥97,980 (~₩900,000) since April 2

These moves hinted that Korea would raise its prices soon—now confirmed.

Is It Worth It?

The PS5 continues to deliver:

• Lightning‑fast loading
• Stunning graphics
• Expanding library of titles

For many players, the higher price may be worth the added performance and future‑proofing.