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Sony is denying reports that it is making millions of fewer PlayStation 5 gaming consoles than initially expected.
According to a Bloomberg report on Monday, the Japanese tech company is lowering its production expectations from 4 million units and expects to produce about 11 million units by the end of March.
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Bloomberg initially reported that Sony plans to increase production to about 10 million units by the end of December.
The Tokyo-based company has since launched a manufacturing issue, according to the outlet.
Verge noted on Tuesday that the PS5’s system – not-a-chip – or its core processing component designed with AMD – is said to be a particular problem to be handled. Bloomberg said half of the parts produced are not suitable for shipping and while the figure is improving, yields have “reached a steady level”, Bloomberg said.
The changed figure is still clearly above. Sony said it plans to launch the PS5.
In April, Sony expected to make 5 million to 6 million consoles by the end of March – less than it did for the PS4 release in 2013.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| S.N.E. | Sony Corporation | 76.46 | -1.26 | -1.62% |
But due to the coronavirus epidemic, the gaming industry boomed in popularity and Sony rapidly increased its estimates.
Following the news, its stock fell as much as%% – the biggest intraday drop since August, according to Bloomberg.
A Sony spokesman, however, pushed back on the Bloomberg report.
“While we do not disclose details related to manufacturing, the information provided by Bloomberg is incorrect,” the spokesman said in a statement issued Tuesday. “We haven’t changed the build number for the PlayStation 5 since mass production began.”
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Sony is set to host the PS Online PS5 event on Wednesday, where the company will announce the final price and release date for the gaming console. The PS5 comes in two variants: one with a disk drive and one without it.
