PS5 stock situation could be improving as Sony secures enough chipsets

Games

Products You May Like

By Sherif Saed
4 August 2021 12:24 GMT

Sony has revealed one way it’s hoping to meet the immense demand for PS5.

As part of a post-earnings call with investors, discussing Sony‘s financial results for the first quarter of FY2021, the company shared an interesting detail about its PS5 manufacturing process.

Watch on YouTube

CFO, Hiroki Totoki, was asked about semiconductor shortages affecting PS5 manufacturing, as well as most other industries that rely on chips. Totoki revealed that Sony has secured enough chips to meet its sales target for PS5 for the rest of the fiscal year (via Twinfinite).

Sony plans to ship more than 14.8 Million PS5 consoles by the end of the fiscal year, which wraps up March 31, 2021. In other words, the company has the main components it needs to manufacture that many consoles.

Sony recently announced having sold 10 million PS5 consoles since launch.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. Read our policy.

Products You May Like

Articles You May Like

‘Smile 2’ Gets Digital Drop This Week, 4K Ultra HD SteelBook To Follow
‘Maybe Happy Ending’, ‘Death Becomes Her’ See Promising Broadway Numbers
Here’s How You Can Stream the Scariest Horror Movie of the Year Right Now
Slack Is Reportedly Working On an AI-Powered File Summary Feature
David Fincher’s ‘Se7en’ to Celebrate 30th Anniversary on 4K UHD