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Sony Targets Over 14.8 Million PS5 Sales For Its Next Financial Year

Sony Interactive Entertainment is targeting 14.8 million PS5 sales for the next financial year, but has admitted that it’s facing difficulties in the shape of a global shortage of semiconductors.

Speaking during the company’s Q3 2020 earnings call earlier this week, Hiroki Totoki, Sony’s executive deputy president and chief financial officer, said that the hardware giant is looking at shipping over14.8 million PS5 units in the period April 2021 – March 2022, which is the amount that PS4 achieved in the same stage of its lifecycle.

For next fiscal year, we believe that there will be strong demand to continue. Compared to the original plan, we try to procure components at the level of the second year of the launch of the PS4 at 14.8 million – we would like to exceed that level of PS4 when it comes to PS5.

However, the level of demand by customers [is] so high for PS5. Therefore, for various devices, we try to procure larger volume. However, we have to look at the global shortage of semiconductors. When we try to increase our capacity, we face difficulties because of this global situation. However, we are doing our best to exceed the original plan in terms of shipments.

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Sony announced earlier this week that the PS5 shipped 4.5 million units in 2020, with its games business posting strong figures despite the fact the system is being sold at a loss.

[Source – VGC]