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Sony cuts PS5 production targets due to component shortages

Sony has reduced its production targets for the fiscal year due to ongoing manufacturing constraints with the PS5.

Sources familiar with the matter told Bloomberg that the company has lowered its outlook from 16 million consoles to around 15 million.

This reduction puts production numbers much closer to Sony’s target of 14.8 million PS5 consoles sold by the end of the same period.

Sony isn’t the only Company facing a shortage of components. Yesterday Valve delayed the launch of its Steam Deck Gadget because of the shortage as well.

In Sony’s Q3 financial results, the company confirmed it has sold 13.4 million PS5 units worldwide as of September 30, 2021.

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