Meta Platforms, Inc. will raise the prices of its Quest 3 and Quest 3S virtual reality headsets starting Sunday. - Quest 3S (128GB): $300 → $350. - Quest 3S (256GB): $400 → $450. - Quest 3 (512GB): $500 → $600. Meta stated that the price adjustment is due to "a significant increase in the cost of manufacturing high-performance VR hardware." The company explained in an official statement, "Soaring global prices for key components—especially memory chips—are impacting nearly all consumer electronics categories, including VR." Prices for official accessories will remain unchanged, though the cost of refurbished headsets will also see an increase. It is important to note that the 512GB version of the Quest 3 was originally priced at $650 when it first launched in 2023. The price was later reduced following the introduction of the Quest 3S, meaning that even after this increase, the price remains below the initial launch price. Meta is not alone in taking such measures. Sony has increased the price of its PS5 console twice, Microsoft has raised prices for its Xbox consoles and Surface computers, and Samsung has also increased prices for several of its smartphones and tablets. Among major technology companies offering products with large memory capacities, only Apple and Alphabet have maintained their prices, though there are rumors that their future product pricing may trend higher. As early as February of this year, Valve indicated that, due to the memory chip crisis, it needed to "re-evaluate" the "specific launch plans and pricing" for the Steam Frame and Steam Machine. When the company first announced this headset in November last year, it told UploadVR that its target was to price the full Index kit below $1,000; whether it can still achieve that goal remains unclear. Alongside the price increase announcement this week, Meta reaffirmed its commitment to "continuing to invest in the VR space and leading the category's development," stating that the company has a "long-term product roadmap that includes new hardware and experiences." This echoes statements from Meta executives in recent months, who have confirmed that the company is still "developing the next-generation headset" and hinted that a gaming-focused Quest 4 remains in the plans.