News 24 February 2021
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PlayStation Boss Says PS5 Stock Will Begin To Pick Up In Second Half Of The Year

24 February 2021
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For most people, getting your hands on a PlayStation 5 has been a near impossible task due to supply shortages but the boss of boss of Sony Interactive Entertainment has now said PS5 stock problems will ease up throughout the year.

Speaking to the Washington Post and the Financial Times, Jim Ryan – the President and Chief Executive of Sony Interactive Entertainment – spoke on Sony’s stock issues with the PS5, explaining the situation and the company’s hopes going forward.

“Demand was greater than we anticipated,” Ryan said, reflecting on the stock issues for the console in the Washington Post. “That, along with the complexities of the supply chain issues, resulted in a slightly lower supply than we initially anticipated.”

However, he did say things will improve as time goes on.

“It will get better every month throughout 2021,” Ryan told the Financial Times.

“The pace of the improvement in the supply chain will gather throughout the course of the year, so by the time we get to the second half of [2021], you’re going to be seeing really decent numbers indeed.”

Despite the gradual improvement of stock, Ryan couldn’t promise everyone who wants a PS5 will be able to get one this Christmas.

“Obviously in a pandemic supply chains become a little more complicated than would normally be the case,” he added. “You know, one very visible example is the difficulties in the semiconductor market. You know, whether it’s automobiles, smartphones, PCs or games consoles, the problems in all those areas are very widely documented.

“We had to move to a distribution model that is entirely online and that’s something that we never had to do before. And, finally, just the level of demand for PlayStation 5. So, you know, all of those things kind of combined.”