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Sony PlayStation 5 Hit With Chip Supply Issues

Sony sold 7.8 million PlayStation 5 consoles in the fiscal year ended March 31, slightly beating its 7.6-million-unit target. The PS5 debuted in November. PS5 supply “has not been able to keep up with the extremely strong demand,” Chief Financial…

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Officer Hiroki Totoki told a quarterly webcast Wednesday. “Although constraints in the supply of components, especially semiconductors, are expected to continue this fiscal year, our planned target is to exceed the 14.8 million units we sold in the second year after the launch of the PlayStation 4.” Sony will “continue to work to secure components and strive to do our utmost to produce and sell more units above target,” he said. Many chipmakers and others are affected by surging demand for chips with not enough supply, spurred by pandemic consumer trends (see 2104230052).