Sony Is Increasing PS5 Production to Levels ‘Never Achieved Before’

If you’ve been waiting patiently to buy a PlayStation 5, you may soon be spoiled for choice if Sony’s production plans pan out.

As Reuters reports(Opens in a new window)Sony is preparing to ramp up production, with Sony Interactive Entertainment CEO Jim Ryan stating in an investor briefing that, “we’re planning for heavy further increases in console production, taking us to production levels that we’ve never achieved before.”

That’s good news when you consider earlier this month the company set a lofty goal of selling 37 million PS5 consoles by April 2023. The big doubt over achieving such a high number of sales wasn’t a lack of demand, it was a lack of parts . However, Sony says supply chain constraints are easing and the recent COVID-19 outbreaks and lockdowns in China don’t seem to be a big concern for Ryan.

If everything goes to plan, Sony intends to catch up with where PS4 sales were during the same period of its lifetime and then overtake them in 2023. Ryan also detailed how PC, mobile, and live service gaming were going to form a larger part of PlayStation’s business in a bid to “broaden our audience.”

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It’s unclear what this new confidence in the supply chain for PS5 production means for the PS4. Back in January, Sony decided to keep on producing the PS4 due to ongoing demand for consoles and a lack of PS5 stock being available. At least a million more PS4s were expected to be produced this year, but that may now change.

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