Let’s face it, the PS5 restocking situation for the past four months has been nothing short of a disaster, and it looks like the situation is only going to get worse.
For those unaware, there is currently a global semiconductor shortage that is holding up electronics manufacturing, and this chip shortage is reaching crisis point.
“There is a perfect storm of supply and demand factors here. But basically there is a new level of demand that cannot be met, the whole world is in crisis and it is getting worse, “says technology analyst Neil Campling (via The Guardian).
The fact of the matter is that the shortage extends far beyond the gaming world. It is affecting the manufacture of a wide range of products, including televisions, telephones, and even vehicles. With so many sectors competing for a limited supply of chips, significant pressure is being put on supply lines.
We have already seen Samsung effectively cancel the Galaxy Note 21 this year due to a shortage of chips, which really shows the magnitude of the problem. Companies around the world are forced to readjust their launch schedules and sales expectations in light of this increasingly dire situation.
Sony said last month that it might fall short of its 2021 sales target, not because of a lack of demand but because of a lack of supply. Similarly, Microsoft’s Phil Spencer previously suggested that Xbox Series X stock problems would continue into the second half of the year.
Don’t hold your breath for the chip shortage to be resolved soon. According to Campling, “there are no signs that supply is recovering or that demand is declining, while prices are increasing throughout the chain.”
Campling also makes the grim prediction that this rising cost will soon be passed on to the consumer, and tech products like the iPhone 13 are likely to receive a price increase to offset the financial burden of acquiring semiconductors.
We certainly wouldn’t expect Sony or Microsoft to retroactively increase the cost of the PS5 and Xbox Series X, but if you expect to see sales or discounts on any of the next-gen machines this year, prepare for disappointment.
While supply lines are clearly restricted and it looks like they will be for some time to come, we’re still doing our best to make buying a PS5 as straightforward as possible. We have a variety of tips for each retailer, as well as a dedicated place to buy a PS5 hub to track the latest information as we get it.