Sony Believes PS5 Shortages Will Continue Through 2022
Santa's little elves are already taking their sledges down to the University of the North Pole for Master’s Degrees in Technology, as it appears the demand for the PlayStation 5 is going to keep them riding a sugar high through the festive season.
According to reports, the shortages on the next-generation console will continue into the new year, as the ongoing sluggish development of graphic cards has had players waiting months for their console to be made.
PlayStation players who had pre-ordered their console had to wait months for their PS5 to be delivered, leading to shortages on the shelves - and that's not just because the elves can't reach the higher brackets.
Now, according to Bloomberg, Sony Chief Financial Officer, Hiroki Totoki, has claimed that their "supply wouldn’t be able to catch up with demand".
PS5 Shortages To Last Until 2022
The executive said: "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.”
He added: "We have sold more than 100 million units of the PlayStation 4 and considering our market share and reputation, I can’t imagine demand dropping easily.”
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Why Are The PS5 Shortages Happening?
The development of the PS5s is being halted due to a lack of production from the graphic cards. Anybody building their own PC will realise that the top-end graphic cards are almost impossible to come by these days, being a crucial part of both the PlayStation and Xbox next-gen consoles.
Reports previously suggested that the global pandemic resulted in many of the graphics cards being delayed or cancelled, leaving the tech moguls in a mini-crisis. With demand for the consoles at an all-time high, it also appears that the interest isn't slowing down.
A barrage of players has now realised that the next-gen consoles are much quicker and smoother than the Xbox One or PS4, having cross-played with friends, and are now adding it to their lists for the big red guy this December.
As the pandemic begins to ease in many countries, Sony firmly believes that they won't catch up until 2022. Maybe some gamers may opt for a new bike instead.
Image via Sony