Friday, May 24, 2024

Sony Warns of Ongoing PlayStation Supply Issues Through 2022

Sony has warned the supply of the PlayStation 5 will remain tight through 2022 and possibly into 2023.

The pandemic has led to a global semiconductor shortage, one that is impacting manufacturing across industries. Automakers have experienced major slowdowns because they can’t gain access to enough of the chips they need to manufacture vehicles. Computer makers, chip makers and GPU manufacturers have struggled to keep up with demand.

Sony has warned analysts it is not immune, saying supply will remain tight through the year, according to Bloomberg.

“I don’t think demand is calming down this year and even if we secure a lot more devices and produce many more units of the PlayStation 5 next year, our supply wouldn’t be able to catch up with demand,” Chief Financial Officer Hiroki Totoki said.

The good news is that the PlayStation 5 is selling at a pace to rival the PlayStation 4. Especially during the pandemic, when people are spending more time at home, tablets and consoles are in greater demand than ever.

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