Sony denies reports that there are millions fewer PlayStation 5 game consoles being manufactured than originally expected.
According to a report by Bloomberg on Monday, the Japanese tech company is slashing its production expectations by 4 million units and expects to produce around 11 million units by the end of March.
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Bloomberg originally reported that Sony plans to increase production to around 1
However, the Tokyo-based company has since encountered manufacturing issues, according to the outlet.
The Verge noted Tuesday that the PS5’s system-on-a-chip – or the core processing component developed with AMD – is said to be the particular problem. Half of the parts produced were non-shipping, and while that number has improved, yields “have not yet reached steady levels,” Bloomberg said.
The changed number is still well above what Sony should have planned for the launch of the PS5.
In April, Sony expected to produce 5 to 6 million consoles by the end of March – less than it did when the PS4 launched in 2013.
However, due to the coronavirus pandemic, the gaming industry boomed in popularity and Sony increased its estimates sharply.
Shares fell 3.5% on the news – the biggest drop since August, according to Bloomberg.
However, a Sony spokesperson pushed Bloomberg’s reporting back.
“Although we do not publish details of the manufacture, the information provided by Bloomberg is incorrect,” the spokesman said in a statement on Tuesday. “We haven’t changed the production number for PlayStation 5 since mass production began.”
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Sony is expected to host an online PS5 event on Wednesday at which the company is expected to announce the final price and release date of the game console. The PS5 is available in two versions: one with and one without a drive.