PlayStation 5 production cut due to chip shortage and coronavirus pandemic

The semiconductor industry is currently experiencing a massive crisis. The coronavirus pandemic and a sharp increase in demand have led to a global shortage of microcircuits, which is acutely felt by dozens of manufacturers. The crisis also affected the Japanese company Sony. Due to supply disruptions and logistics problems caused by the COVID-19 pandemic, Sony even had to cut production on its new PlayStation 5 console.

According to informed sources cited by Bloomberg, Sony was forced to cut production and revise downwardly its annual forecast for PlayStation 5 shipments. year, with about 16 million new game consoles, it has now reduced its forecast by 1 million to 15 million units.

Insiders point out that Sony is now experiencing a shortage of a number of components for the new set-top box. Among them, power management chips are mentioned, the shortage of which, according to their manufacturers, will remain in 2022.

By the way, Sony’s CFO recently warned investors that the company is still under the influence of the coronavirus pandemic. As a result, the company’s financials, including sales of gaming supplies, were below expectations.

Note that analysts predicted record sales for the Sony PlayStation 5 console, and if not for supply problems, it had every chance of becoming a real bestseller on the market. By July, Sony managed to sell about 10 million units of the PlayStation 5, but since then, the new console is noticeably behind in sales from previous generations, in particular from the PlayStation 4.