Not quite right, USB-C ports are generally cheaper nowadays because they are smaller, consumes less material for plastic/metal, more easily automatable production wise in terms of tooling, and scale for them is a lot higher because of mobile usage. You don't really need extra production chips since the console USB-C ports are designed for PD and crippled 14/16 pin versions that only supports the USB 2.0 speed, because the high-speed pins literally do not exist on those.