The gaming giant said in a blog post, external on Monday that its new gaming PC, which also doubles as a console, would retail at £879 in the UK and $1,049 in the US a price tag it said reflects hardware costs rising in recent years. The overall effect is that our original goal for the price of Steam Machine is no longer viable, Valve added. The price also comes amid a broader pattern of device manufacturers hiking prices up not down to swallow rising memory and storage costs. Valve...

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