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Valve hikes Steam Deck prices by more than 40%, blaming rising costs

Valve hikes Steam Deck prices by more than 40%, blaming rising costs

Summary

Valve has increased the prices of its Steam Deck OLED handheld gaming PCs by more than 40%, citing higher costs for memory and storage parts. The price rise affects the 512GB and 1TB models, making them significantly more expensive despite no changes to the hardware itself.

Key Facts

  • Valve raised Steam Deck OLED prices by 43% for the 512GB model and 46% for the 1TB model.
  • The 512GB Steam Deck OLED now costs $789 (£649, €779), and the 1TB version costs $949 (£779, €919).
  • Valve said the Steam Deck hardware remains unchanged; price increases come from higher component and logistics costs worldwide.
  • Valve no longer sells the cheaper LCD Steam Deck models directly, pushing buyers toward the OLED version.
  • The Steam Deck OLED officially launched in November 2023 and had been out of stock for months before the price hike.
  • Other gaming hardware and subscription services have also raised prices recently due to inflation, tariffs, and chip shortages.
  • Valve also recently released a Steam Controller priced at £85, which received mixed feedback.
  • The price increase may affect Valve’s future Steam Machine PC, which currently has no release date or price.
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