Sony are planning to raise the prices on some of their products in Europe due to the crazy exchange rate that is going on at the moment.
It needs to recoup some of its foreign-exchange losses after the yen has soared more than 25% against the euro since July. A stronger yen cuts into overseas revenue when brought back as yen.
It is not clear which products of Sony will see this price hike. I do hope it’s not the Playstation and games as I think they need to reduce prices if they want to stay competitive.
For full details of this news check out SonyInsider.
