According to the managing director of Foxconn, one of the largest manufacturers of electrical goods, supply restrictions already discussed will continue for at least a year. That means it will not be able to deliver enough PS5 consoles until mid-2022.
Foxconn, a multinational technology company, is one of the largest manufacturers of electronic components. According to current reports, Foxconn’s CEO Young Liu said in a recent conference call that he expects supply restrictions to continue until the middle of next year.
Consoles are not the only ones without chips
As a result computer chips are only available in limited quantities, which cannot meet the high demand for new consoles. As a result, Sony’s PlayStation 5 and Microsoft’s Xbox Series X / S will be hard to come by this year. It affects not only game consoles but also graphics cards, smartphones and electric cars.
In addition, the CEO announced that the effects of the chip shortage were rarely felt until February this year. Since then, the situation has continued to deteriorate. In the absence of components, those in charge at Foxconn had to cut deliveries by ten percent. Nevertheless, the group wants to increase gross profit by more than three percent by increasing production of electric cars.
This forecast is not particularly surprising. A few weeks ago, Microsoft suspected that the shortage of microchips would continue into the second half of 2022. Sony Interactive Entertainment has already battled delivery disruptions last year and announced that the company’s targets for sold PS5 consoles will be missed this year.
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If you want to catch one of the new consoles in the near future, you have to trust the subsequent deliveries and have luck on your side or pay more on sales sites like eBay.
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Edward Langley is a contributor to Nintendo-power.com, covering a wide range of topics including news, business, technology, entertainment, lifestyle and current affairs. He focuses on delivering clear, balanced and accessible reporting that helps readers stay informed about important developments and emerging trends. With an emphasis on accuracy, relevance and useful insights, Edward aims to provide engaging stories and practical information that matter to audiences in the UK and beyond.