Home News Sony says PlayStation 5 supply shortage will continue until next year

Sony says PlayStation 5 supply shortage will continue until next year

by Ashish

Sony Group told analysts that PlayStation 5 will still be in short supply before 2022, which means that Sony’s latest game console sales target will be limited.

When Sony released its financial report in late April, it said that since its launch last year, PlayStation 5 has sold 7.8 million units as of March 31, and plans to sell at least 14.8 million units in the current fiscal year.

In addition, as of the end of 2020, the company has shipped 4.5 million PS5 units worldwide. This means that from January to March, Sony PS5 shipped 3.3 million units.

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Sony told analysts at a press conference after the earnings report that keeping up with strong demand is a challenge. PS5 has been difficult to keep inventory since its release in November last year, partly because of the shortage of parts such as semiconductors.

Sony’s Chief Financial Officer Hiroki Totoki said in a briefing: “I don’t think demand has stabilized this year. Even if we get more equipment and produce more PlayStation 5 next year, our supply will not be able to keep up with demand.”

At present, Sony has not yet given an official expected time for supply to return to normal. For related information, a Sony spokesperson declined to comment.

(Via)

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