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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source: https:\/\/www.theverge.com\/2022\/8\/26\/23323138\/nintendo-switch-console-price-increase-inflation-no-plans<\/a> Nintendo\u2019s Switch console won\u2019t be added to the list of price-hiked tech products impacted by inflation. The company gave a statement to Eurogamer<\/em><\/a>, reiterating what company president Shuntaro Furukawa told shareholders in June, saying it had \u201cno plans to increase the trade price of its hardware.\u201d<\/p>\n Here\u2019s the full statement shared with Eurogamer<\/em>:<\/p>\n \u201cAs our president Mr Furukawa stated at the 82nd Annual General Meeting of Shareholders in June:<\/p>\n \u2018While we cannot comment on pricing strategies, we currently do not have any plans to change the price of our hardware due to inflation or increased procurement costs in each country. We will determine our future pricing strategies through careful and continued deliberations.\u2019<\/p>\n \u201cWhile the final price to consumers is always determined by retailers, as Mr Furukawa stated, Nintendo has no plans to increase the trade price of its hardware.\u201d<\/p>\n<\/blockquote>\n This comes at the tail end of a week that saw a surprise price increase on Sony\u2019s PlayStation 5 console<\/a> in several regions, including the UK, Europe, Japan, China, Australia, Mexico, and Canada. Earlier this month, the $100 price increase of Meta\u2019s Quest 2 VR headset went into effect<\/a>.<\/p>\n Last week, my colleague Dan Seifert wrote about how the impact of inflation on tech products is already here but is generally harder to spot<\/a> compared to more widespread price hikes at the grocery store. He\u2019s still right about that \u2014 many companies are slightly bumping up the cost of new products and, in rare instances, for preexisting products alike. Whether products are selling at a loss or not<\/a>, it\u2019s difficult to know what gadgets might impact next. But for now, that won\u2019t include Nintendo\u2019s Switch.<\/p>\n<\/div>\n
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