People can expect the virtual PlayStation 5 queues to continue into 2022. After Sony discussed the PlayStation sales results for the fiscal year that ended March 31, 2021 at the end of April 2021, the system’s future came up. To be specific, Sony Chief Financial Officer Hiroki Totoki said the PS5 component shortage means in 2022 it still wouldn’t “be able to catch up with demand.” [Thanks, Bloomberg!]
Here is the full statement from Totoki about the expected PS5 component shortage and sales numbers in 2022 shared 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.
The PS5 chip shortage is a result of the COVID-19 pandemic. They’ve been an ever-present issue throughout 2020 and 2021. This is felt especially due to sales of the system being online at retailers. Sony even had to cut production by about four million units because of the problems.
Even before Sony’s announcement, we had an idea problems would continue. The AMD CEO discussed the issue with chips back in January 2021. Dr. Lisa Su said there would be a problem at least until the middle of 2021.
Published: May 10, 2021 10:00 am