Nex Playground console price increases by $50

The Nex Playground, a family-oriented console that reportedly outsold the Xbox during the holidays, will see its price increase by $50 to $299 starting April 1st. Co-founder and CEO David Lee cited rising costs for key components, particularly memory and storage, as the primary reason for the price hike. These industry-wide increases are partly attributed to the rapid expansion of AI infrastructure, which is driving up demand and prices for essential hardware. This move reflects broader trends of increasing costs within the consumer electronics and gaming sectors.