Sony may reduce PS5 production due to chip issues, report says

From CNET: Although we still don't know when exactly the PlayStation 5 will arrive, or how much the new console will cost, a new report suggests that Sony's hotly anticipated system may be hard to find.

In a report published late Monday, Bloomberg says that production issues with the PlayStation 5's "custom-designed system-on-chip" have resulted in Sony cutting production by 4 million units. The outlet says that Sony still plans to produce 11 million new PS5s for this fiscal year.

Bloomberg notes that the lowered forecast is "only an estimate and could be revised again before the end of the fiscal year in March 2021."

Sony declined to comment when asked about the report.

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