Sony has cut its expectations for PlayStation 5 production by four million units and now expects to manufacture about 11 million units by the end of March, according to a new Bloomberg report.
Bloomberg had previously reported that Sony planned to boost production to around 10 million units by the end of December but now says that the company has run into manufacturing problems.
The PS5’s system-on-a-chip, its core processing component designed with AMD, is said to be a particular issue with yields as low as 50 percent at one point, meaning that half the parts produced weren’t fit to ship. While that figure has been improving, according to Bloomberg, the yields are “yet to reach a stable level.”
The revised figure is still well above what Sony was said to have been originally planning for the PS5 launch.
As of this April, Sony was reportedly expecting to produce five to six million consoles by the end of March, which would have been fewer than it made for the PS4 launch in 2013.
The COVID-19 pandemic, however, caused the company to sharply increase its forecasts as the gaming industry boomed in popularity.
Latest Stories
-
We don’t want Ahafo North to be like Obuasi, Tarkwa – Parliament Committee to Newmont
9 minutes -
Newmont Ghana Gold Limited pays GH₵9.4bn in taxes for 2024
24 minutes -
Damanag lease extension: We continue to seek ongoing engagement with government – Gold Fields
33 minutes -
Walter tipped as favourite to win UPSA Law School presidential race
48 minutes -
Ato Forson elected Chairman of ECOWAS Bank Board of Governors
51 minutes -
Kumasi Metro CEO talks tough in building city on foundation of discipline
60 minutes -
3 schools qualify for grand finale of Luv FM Primary Schools Quiz
1 hour -
New gold trading law targets smuggling, formalisation in sector – GoldBod
1 hour -
KMA Mayor to resort to instant corporal punishment to decongest the city
2 hours -
Lands Minister commissions 453 Blue Water Guards, charges them to uphold professionalism
2 hours -
Eunice Amoo-Mensah: Revolutionising pension funds in Ghana through securities lending
2 hours -
Madina MP Sosu granted full membership in African Court Coalition
2 hours -
Blue Origin crew safely back on Earth after all-female space flight
2 hours -
Supreme Court to begin hearing injunction application against procedure to remove CJ on April 16
2 hours -
Strong macroeconomy key to sustaining Ghana’s capital market – Stanbic Executive
2 hours