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Meta raises Quest 3 and Quest 3S prices due to RAM shortage

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Why This Matters

Meta's decision to increase the prices of Quest 3 and Quest 3S headsets highlights the ongoing impact of the global RAM shortage on the consumer electronics industry. This price hike reflects broader supply chain challenges and may influence the affordability and accessibility of VR technology for consumers. As other tech giants face similar issues, this development underscores the importance of supply chain resilience in maintaining product pricing and innovation.

Key Takeaways

In Brief

Meta is raising the prices of its virtual reality headsets due to the rising cost of memory chips, the company announced on Thursday. Starting April 19, the price of the Meta Quest 3S (128GB) and Meta Quest 3S (256GB) will go up by $50 to $349.99 and $449.99, respectively. The price of the Meta Quest 3 is going up by $100 to $599.99.

“We’re making this change because the cost of building high-performance VR hardware has risen significantly,” Meta wrote in its blog post. “The global surge in the price of critical components — specifically memory chips — is impacting almost every category of consumer electronics, including VR. To keep delivering the quality of hardware, software, and support you expect from the Quest platform, we need to adjust our pricing.”

Updated pricing will also apply to Meta Quest refurbished units, the company says, but all Meta Quest accessories will stay at their current prices.

Meta is the latest tech company to raise hardware prices in response to the RAM shortage, joining peers like Samsung, Microsoft, and Sony.