- High tariffs delay SuiPlay0X1 shipments affecting global delivery schedules.
- Mysten Labs halts shipments due to 50% tariffs.
- Tariff policies impact crypto device costs significantly worldwide.
Mysten Labs has delayed shipments of its SuiPlay0X1 crypto gaming handheld due to unexpectedly high import duties, which have reached 50% of the purchase price in some countries.
The delay underscores challenges in crypto hardware shipment amidst changing international tariffs, impacting consumer affordability and Sui blockchain’s user acquisition efforts.
SuiPlay0X1 shipments have faced delays due to newly implemented tariffs, with duties reportedly reaching 50% of the device’s purchase price in several nations. Mysten Labs, responsible for its development, has paused shipments to evaluate costs and regulatory impacts.
Mysten Labs, in collaboration with Playtron, developed the SuiPlay0X1. The company informed customers that, due to the scale and varying fees, they could not absorb the high tariffs imposed. According to a quote from Mysten Labs,
No customer should be charged duties equal to half their purchase price.
The imposed duties have made the SuiPlay0X1 nearly unaffordable, reaching up to $350 added to the device’s $599 price. The situation highlights vulnerability in crypto hardware to sudden global tariff policies.
Financially, Mysten Labs is unable to shoulder the tariff costs because of “thin margins.” The market sees uncertainty due to cross-border trade risks, affecting the Sui blockchain most directly.
Historically, similar tariff changes have disrupted electronic and crypto hardware markets, increasing consumer costs. The August 2025 tariff policy changes have broadly impacted trade, ending de minimis exemptions that once allowed duty-free shipments.
Potential solutions might include exploring tariff exemptions or cost-sharing models. However, regulatory and technology strategies to mitigate such impacts remain unconfirmed. Organizations will need to adapt to the policy shifts through strategic agility.
