Sony has shared that it expects more PS5 consoles to be available to buyers later this year, thanks to a “significant improvement” in the supply issues that have plagued the tech world.
In Sony’s latest financial results report, released on July 29, the company announced that it would “increase the PS5 hardware offering” in the second half (via My box).
“At this time, we have made no changes to our sales forecast of 18 million units for PS5 hardware in FY22,” the earnings report shared. “But since we are seeing a recovery from the impact of the lockdown in Shanghai and a significant improvement in component sourcing, we are working to advance more sourcing during the year-end sales season.”
PS5s – as well as Xbox Series X consoles | S and other tech hardware – have been in short supply in recent years, meaning it’s been difficult for buyers to get their hands on a current-gen console without carefully tracking retailer stock updates or paying extra to get one from a scalper.
The shortages were caused by a global shortage of semiconductors, which was exacerbated by a surge in the gaming market brought on by COVID lockdowns. Last month, stock shortages caused console sales in Europe to drop 21%.
On the PS5’s first anniversary, Sony Interactive Entertainment CEO Jim Ryan apologized to fans who had trouble buying the console, citing a “historic request”.
“We understand that inventory constraints continue to be a source of frustration for many of our customers,” said Ryan, who added that Sony is “focusing on everything in its power to ship as many units as possible.” .
In other gaming news, Blizzard shared that the price of some expensive skins mentioned in a Monitor 2 survey were “randomized” and are not definitive.