Sony Wants to Increase PS5 Supplies This Holiday Season. Sony stated that it would be aiming at increasing the production of PS5 consoles in order to increase the supply order ahead of 2022’s end and the end of the holiday season.
Sony made this announcement in its latest earnings results, in which it also explains that software sales and gameplay engagement have dropped massively year-on-year, stating that engagement, in particular, is “a much lower level of Engagement Than we anticipated in our previous forecast.”
Sony Wants to Increase PS5 Supplies This Holiday Season
Based on this fact, Sony stated that it intends “to take action to increase user engagement in the second half of the fiscal year, during which major titles including first-party software are scheduled to be released”. Sony’s basic method of doing this is by “increasing the supply of PlayStation 5 [PS5] hardware and promoting the new PlayStation Plus service.”
Sony stated that it would not be making changes to its initial forecast concerning the fact that it will sell 18 million units for this financial year. This optimism stems from “a recovery from the impact of the lockdown taking place in Shanghai and a significant improvement in the supply of components”. Sony hopes to increase production and increase supply ahead of the holiday period, saying “we are working to bring forward more supply into the year-end holiday selling season.”
Sony on Production Increase
This is not the first time Sony talked about the ramping up of production this year. In June, the head of global sales and business operations at SIE Veronica Rogers, Told GameIndustry.biz, “we are planning on a significant ramp-up in PS5 production this year and we are working endlessly to make sure that PlayStation 5 is available for everyone who wants one.”
It has been ever since the console’s launch in November 2020 that Sony and anyone that is looking to pick up a PS5 has been battling against stock shortages. Despite these shortages, the console still keeps up with selling, now having reached 21.7 million units sold globally. It is worth noting, though, that the supply woes are causing havoc for Sony, with reports that the Xbox Series Family of Consoles has recently started Outselling the PS5 in Japan which is quite a big deal.
You can say that the PS5 has been quite hard to come by thanks to a mix of high demand, component shortages, the pandemic, and scalpers. This news is at least promising for all those that are still desperately searching for PS5 stock. It feels quite reasonable for you to expect, however, that it would be a steady build of availability rather than a sudden deluge of consoles.
Intel’s CEO Pat Gelsinger stated that as recently as May 2022, for instance, the global chip and semiconductor crisis that impacted consoles could actually continue well into 2024. Gelsinger stated that the chip shortage started to impact the manufacturing machines that are creating chips, to begin with.
According to Gelsinger “That’s part of the reason that we believe the overall semiconductor shortage will now drift into 2024, from our earlier estimates in 2023, just because the shortages have now hit equipment and some of those factory ramps will be more challenged.”
More PS5 Stock Would be Available
Overall, things are becoming brighter, and hopefully, with Sony’s Components constraints seemingly easing in shanghai, we are going to start seeing more PS5 stock become available for all those that are looking to make the most of upcoming platform exclusives like the God of War: Ragnarök and new features which includes the 1449p support that was added recently.