PS5 stock situation could be improving as Sony secures enough chipsets
Sony has revealed one way it's hoping to meet the immense demand for PS5.
As part of a post-earnings call with investors, discussing Sony's financial results for the first quarter of FY2021, the company shared an interesting detail about its PS5 manufacturing process.
CFO, Hiroki Totoki, was asked about semiconductor shortages affecting PS5 manufacturing, as well as most other industries that rely on chips. Totoki revealed that Sony has secured enough chips to meet its sales target for PS5 for the rest of the fiscal year (via Twinfinite).
Sony plans to ship more than 14.8 Million PS5 consoles by the end of the fiscal year, which wraps up March 31, 2021. In other words, the company has the main components it needs to manufacture that many consoles.
Sony recently announced having sold 10 million PS5 consoles since launch.