Million PS5 Units Cut From Production Forecast Due To Manufacturing Issues

Joanna Estrada
September 16, 2020

Original: A Bloomberg report has claimed that Sony has cut down PlayStation 5's initial production forecast by 4 million due to manufacturing issues with its custom system-on-chip (SOC).

The causes for the cutback are issues on the manufacturing side of things.

Previously, Sony had raised the fiscal year forecast of PS5 back in July in order to meet anticipated demand.

Sony's shares fell by 2.4 percent by close on Tuesday following this news. A Sony spokesman declined to comment. Analysts have said that if true, this will be seen as a negative for the business. Sony is widely expected to reveal its own launch and pricing plans for the PlayStation 5 during an official video presentation scheduled for Wednesday. According to analyst Masahiro Wakasugi, the PS5 might be priced "as low as $449" (about Rs. 33,000) while the PS5 Digital Edition price might drop below $400 (about Rs. 29,500).

Nintendo Co. plans an upgraded version of its Switch console, equipped with better components and potentially 4K output, for 2021.

Other reports by Click Lancashire

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