How long will the console shortage last?

The CEO of Intel has warned that the global shortage of semiconductors will now likely last until 2024. Pat Gelsinger had previously told CNBC that he expected the issue – which has caused production issues and shortages for the PlayStation 5, Xbox Series X and graphics cards – wouldn't end until 2023.

How long will PlayStation 5 shortages last?

Here's some news that may give you a sigh of relief: Sony projects that it will sell 18 million consoles worldwide during this fiscal year, which runs through March 31, 2023 — a sign that the shortage of the PS5 may be coming to an end.

Is the console shortage coming to an end?

Unfortunately, the Xbox and PS5 shortage isn't likely to end anytime soon. With the world slowly breaking free of the clutches imposed by the Coronavirus pandemic, the worldwide supply of semiconductor components should've regenerated by now, and consoles should be filling the shelves.

Why is there still a console shortage?

The cause of this particular shortage is a combination of rising demand and already depleted stocks further impacted by the spread of the Covid-19 pandemic. Most people took notice of the chip shortage when Covid-19 swept across the globe.

How long until the PS5 shortage is over?

And while one would assume that the stock of the PS5 would only get better over time, it sounds like this might not end up being true after all. Speaking to CNBC recently, Intel CEO Pat Gelsinger has made clear that PS5 shortages could continue all the way into 2024.

Sony Has a Last-Gen Solution For PS5 Console Shortages - IGN Daily Fix

Why are PS5 still sold out 2022?

The first is the most obvious: The system is really popular. Sony says the PS5 is its best-selling console and has already sold more than 13 million units since launch. The second reason is the current chip shortage impacting most of the world's electronics.

Will PS5 become more available?

Demand for the PS5 has exceeded supply, leaving many unable to purchase a next-gen console. Sony has suggested that it will be making more units in 2021, having secured additional component inventory from some of its key manufacturing partners.

Why is Xbox sold out everywhere?

Supply chain bottlenecks, chip shortages and scalpers (folks who snap-up multiple consoles to resell online at huge markups) have made it a struggle to get hold of the Xbox Series S... and nigh-on impossible to buy the more powerful Xbox Series X.

Why is PS5 so limited?

Sony's Running Low on PS5 Consoles

This is due to chip shortage problems Sony—and pretty much every big tech company—has faced in the last couple of years, mostly due to the ongoing pandemic.

Why are all consoles sold out?

Sony is struggling to produce and ship enough consoles to meet the demand, largely due to component and chip shortages. AMD, one of the chipmakers that Sony relies on, is facing major bottlenecks in its supply chain.

What is Sony doing about PS5 scalpers?

In an attempt to combat those issues, Sony Japan has started issuing anti-scalping stickers to vendors in that country. The way it works is simple: the sticker is applied to the outside of the Playstation 5 box, and when someone buys the console, the sticker is cut — marking the product as “sold.”

Is PS5 shortage getting better?

Still, that's a long time for a console that came out nearly two years ago now. Hardware shortages across the world have affected industries of all stripes.

Will the chip shortage end in 2024?

Intel CEO linked ongoing chip shortage to a lack of manufacturing equipment and difficulty building semiconductor fabrication plants. Intel CEO Pat Gelsinger expects chip shortages will continue into 2024 due to a lack of manufacturing equipment and tools to make the chips.

Will the PS5 shortage end in 2024?

The PS5 isn't selling as well as the PS4 did, but Sony says the problem will resolve itself within a couple of years or so.

Is the PS5 still hard to get 2022?

Both companies' sales projections are lower than expected. The console shortage that has been plaguing gamers for more than a year is going to continue, according to Nintendo and Sony executives.

Why are PS5 always sold out?

Its quick rise to popularity amidst the Covid-19 pandemic though meant one thing: the PlayStation 5 was consistently sold out as supply chain issues kept Sony from keeping its supply up with the ever-increasing demand.

How hard is it to get a PS5 right now?

Unfortunately, one of the main reasons for the shortage of PS5 consoles is due to scalpers. These opportunistic people have been using bots to scan retailers for PS5 stock when it becomes available and buy as many of the consoles as they can in one go.

Why can t they make PS5s?

The combination of chip shortages and supply chain issues have impacted PS5 production plans, and as a result the company has failed to match the huge demand. According to those close to Sony's assembly partners, the plan is to produce an additional million PS4 units in 2022.

How long until PS5 becomes widely available?

Back in February 2021, Sony admitted that shortages will continue while pledging to do everything it can to ship PS5s as quickly as possible. Furthermore, AMD, who manufacturers the chips used in PS5, reckons shortages will continue as far as mid-2022.

When should PS5 be readily available?

The big question now is whether the PS5 will become readily available some time in 2022. Re-stocks are expected between now and the end of the year, but they're likely to be sporadic, so you'll still have to be alert if you hope to buy a console for the next few months.

Will PlayStation 5 ever be in stock?

Sony says PS5 stock shortages will stabilise, and sales return to PS4-era momentum by 2024 | Eurogamer.net.

How many PS5s have been sold?

Sony has now sold over 19 million PS5s.

Where are all the PS5 consoles?

Is the chip shortage getting better?

In potential 'light at the end of the tunnel' news, a report (opens in new tab) from Counterpoint Research suggests the global semiconductor shortage could ease in the second half of 2022 as demand-supply gaps decrease.