Don’t have your PS5 yet? And are you eagerly awaiting the massive influx of new inventories in June 2021? Bad news. Problems with Sony’s latest console are expected to continue into the next year. Hiroki Totoki, the company’s finance director, does not provide very reassuring information about the situation as the players are in too much demand.
No PS5 by 2022?
For many weeks everything seems to have been pointing to the fact that the crisis should end from this summer and more precisely from June onwards for consoles of the next generation. Last February, Jim Ryan, CEO of Sony Interactive Entertainment, was very optimistic, saying that Sony had increased the pace of production and that the situation would soon improve.
Since last month, some analysts have been less enthusiastic. Many announce that the PS5 (and Xbox Series X) inventory shortage could last until 2022. Worse, the already low production of new consoles could even slow down in the coming months.
Today, Sony CFO Hiroki Totoki confirmed those comments. In a briefing shortly after the (very good) quarterly results were announced, the automaker said it was difficult to keep up with the strong demand.
I don’t think the demand will settle this year. Although we are securing a lot more devices and producing a lot more PlayStation 5 devices over the next year, our supply won’t be able to keep up with demand.
Hiroki Totoki, CFO of Sony Corp.
Since their release in November 2020, the new PS5 and Xbox Series X have suffered from excessively high demand compared to available inventory. After the health crisis that hit the world in 2020, production chains have fallen back. Sony and Microsoft are particularly concerned about the lack of components such as semiconductors. Nintendo could also suffer from this deficiency with its Nintendo Switch starting this year.
To solve this problem, according to recent rumors, Sony is preparing a PS5 Slim with a new design for 2022 that would incorporate a 6 nm semiconductor.
According to the latest official information, the PS5 has sold more than 7.8 million copies since its launch. The Sony console is already above the PS4 sales curve in the same period. The future looks bright for the machine … If there is availability!