PS5 shortage could continue until 2022
This week, the financial times reports that PS5 shortage, due to issues with a global lack of supply in semiconductors, could last through 2021 and into 2022.
The PS5 has been notoriously hard to find. The product page on Amazon generally shows the product as unavailable. And when inventory shows up, on Amazon or on other retailers, it sells out within minutes. Although Sony claim they have sold millions of the gaming device in November and December, a global shortage in semiconductors is impacting their supply chains.
The semiconductors issue is not only impacting Sony, but also Microsoft’s new XBox console of course, as well as every industry that relies semiconductors, from car companies to smartphone manufacturers. The Economist explains that shortages in semiconductors are not rare, but that this one is magnified by the Covid pandemic. Not only does the virus impact supply chains, the rise in people working from home has apparently increased demand for personal computers and data center servers.
The “stay at home” policies in place in many countries of the world have also boosted the need for home entertainment, including gaming consoles, but Sony, Microsoft, and Nintendo are visibly struggling to meet this increase in demand.
Jim Ryan, CEO of Sony entertainment, has stated that the PS5’s supply chain is improving every month, and so should inventory of the console at retailers throughout the year. He stated to the Financial Times:
It will get better every month throughout 2021. The pace of the improvement in the supply chain will gather throughout the course of the year, so by the time we get to the second half of , you’re going to be seeing really decent numbers indeed.
But for Ben Bajarin, an analyst at Creative Strategies (a market research firm specialized in Silicon Valley and Tech companies), the slowdown in semiconductors will continue in 2021, and possibly into 2022. Which means the PS5 could remain hard to get until next year. He says:
“For them to catch up, demand has to slow down. I don’t see any end in sight.”
Are you one of the lucky owners of a PS5? Are you expecting to get one in 2021?