Xbox to raise console prices worldwide from August (opens original article in a new tab)

Microsoft's Xbox is increasing console prices by up to $150 globally from August due to a components crisis and rising memory chip costs, while also discontinuing its 2TB model and planning layoffs.

• Xbox to raise console prices by $100-$150 worldwide from August
• Increased memory chip demand causing price hikes across consumer electronics
• Xbox discontinuing 2TB model and planning layoffs amid supply chain crisis