Sony Cuts PlayStation 5 Production Target Due to Component Shortages

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Image: Sony

The process of finding a PlayStation 5 is about to get even harder. That’s according to sources with Bloomberg, which claim that Sony has been forced to reduce the production outlook for its next-gen console due to component shortages and logistics constraints. The original target was 16 million units assembled in the year ending March, but that number’s been trimmed to 15 million.

From Bloomberg:

Logistics issues and parts shortages have grown more severe for Sony, Chief Financial Officer Hiroki Totoki told investors on a conference call late last month. PS5 sales in the quarter ended September were slightly weaker than expectations, he said on Oct. 28, having previously warned that any resurgence in the spread of Covid-19 may impact the company’s components supply. The PlayStation 5 became the fastest Sony console to reach 10 million units sold this July, but it has fallen behind the sales pace of its predecessor PlayStation 4 since then.

The theory is that Sony will not be able to achieve its original goal of selling 14.8 million PS5 consoles by March. Chipmakers such as Toshiba, which provide essential components such as power management chips, are warning that shortages could extend beyond 2022.

Source: Bloomberg

Tsing Mui
News poster at The FPS Review.

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