Bad news if you still need to buy a PS5: Sony tell analysts console shortage will continue into 2022
Shortages of PlayStation 5 consoles are likely to continue into next year, Sony has reportedly told analysts.
PlayStation CFO Hiroki Totoki spoke at an analyst briefing last week, as reported by 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,” he said.
At a previous investor call, he made similar comments:
“As I said earlier, we’re aiming for more sales volume than the PS4 [during year 2]. But can we drastically increase the supply? No, that’s not likely.
“The shortage of semiconductors is one factor, but there are other factors that will impact on the production volume. So, at present, we’d like to aim at [beating] second year sales of 14.8 million, which was the second year of PS4.”
Recently, Taiwanese business website DigiTimes reported that Sony will start production on a PS5 redesign in 2022.
The redesign would include a new semi-customised 6nm CPU from AMD, in an effort against semiconductor shortages.
It’s unclear if this redesign would include external, or just internal components.
Sony’s latest sales figures show that the PlayStation 5 has sold 7.8 million units so far, surpassing sales of the PS4 in its equivalent launch period.
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That’s despite the near-constant stock shortages and very high demand.
The PS4 is currently the fourth best selling console of all time, but if the PlayStation 5 continues at this pace it could outsell Sony’s previous console.
Sony aren’t alone though. In their own third quarter earnings call, Microsoft noted that supply shortages are affecting production of their Xbox Series X/S consoles.
“Significant demand for the Xbox Series X and S will continue to be constrained by supply,” said chief financial officer Amy Hood.
Similarly, Nintendo president Shuntaro Furukawa has said the global shortage of semiconductors is hampering Switch production.