Global Xbox Console Price Increases Triggered by Component Supply Crisis

Microsoft Increases Global Gaming Console Retail Prices Amid Semiconductor Supply Chain Crisis While Launching New Consumer Affordability Programs

Microsoft has announced a global pricing change to its gaming console lineup. An official document from Team Xbox has announced the retail prices of the consoles will be increased by $100 for 512 GB configurations and by $150 for 1 TB configurations. Furthermore, Microsoft is also abolishing the 2 TB storages. This change comes after a 20 to 70 dollars price hike in the local market late last year, in line with an increasing cost of manufacturing across the industry.