Sony says PS5 still on track to launch later this year

Joanna Estrada
March 28, 2020

A massive statement from Sony covering all of their businesses details how the worldwide health crisis we're all dealing with is affecting their business around the world.

"A Sony spokeswoman said it doesn't see any notable impact on the launch of its next-generation game console PlayStation 5 planned at the end of this year", it is written in the report. Furthermore, a Sony spokesman has subsequently told Bloomberg that they believe there won't be any PS5 release date delay. It started with Europe, but now the U.S. PSN will get the same treatment. "Additionally, at Sony's offices in Japan and other areas, employees must work from home, excluding a small number of essential employees". Coronavirus-related shutdowns of production facilities in China, Malaysia, and the United Kingdom has led Sony to revise earlier profit estimates, even forcing it to delay an April earnings report. However, due to restrictions on travel across various countries, it is hard for Sony to "send engineers to manufacturing hubs" like those found in Asia.

Sony is actually doing alright on the gaming side of things, though, as that part of their operations has experienced "no material impact on this business for the current fiscal year". "Although no issues have emerged so far, Sony is carefully monitoring the risk of delays in production schedules for game software titles at both its first-party studios and partner studios, primarily in Europe and the U.S". For now though, there is nothing specific to announce on that front.

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