Steam Deck OLED gets a price hike in Asia, with the 1TB variant now being 51% more expensive

In 2026, it seems like not a day goes by without a PC or gaming component seeing a price increase. In that same vein, the Steam Deck OLED is getting more expensive in Asia, and this is not the first time it has happened. KOMODO, the official Valve hardware distributor for the region, announced updated pricing for Japan, South Korea, Taiwan, and Hong Kong, starting June 1.

The new prices for the 512GB and 1TB models are as follows: JPY 137,980 and JPY 167,980 in Japan; KRW 1,298,000 and KRW 1,578,000 in South Korea; TWD 26,280 and TWD 31,800 in Taiwan; and HKD 6,488 and HKD 7,788 in Hong Kong. Compared with March 2026 pricing, the 512GB model is now 38% more expensive in Japan and Taiwan and 45% more expensive in South Korea.

Perhaps more egregiously, the 1TB model has jumped 46% in Japan, 41% in Taiwan, and a steep 51% in South Korea. Hong Kong, which was exempt from the March adjustment, is now up 41% and 42% for the 512GB and 1TB models, respectively, compared to launch pricing.

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This is actually the second time KOMODO has raised prices in 2026. Back in March, the distributor bumped prices in Japan, South Korea, and Taiwan, apparently due to higher logistics costs and unfavorable exchange rate conditions. Hong Kong was spared at the time. This latest adjustment brings all four regions to the same elevated price tier and pushes the numbers significantly higher than before.

The Asian hikes also follow Valve's own price increase in the US, which went live on May 27. The 512GB Steam Deck OLED went from $549 to $789, a $240 jump, while the 1TB model climbed from $649 to $949, a $300 increase. Valve pointed to rising costs of memory and storage components as the reason, with global NAND Flash prices surging in recent months due to supply chain pressures and AI-driven demand.

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Both Steam Deck OLED models are currently listed as out of stock via KOMODO, with the distributor advising buyers to add the products to their wish lists and keep an eye on the official Steam Deck Japan social channels for restock updates.

The value proposition that made the Steam Deck a category leader is now looking a lot shakier. At these new Asian price points, competitors like the ASUS ROG Ally X are sitting much closer in cost than before, and rival handheld makers have a clear opening to capitalize on the growing frustration in the market.