The PS5 went on sale in November 2020.
Sony Group Corp. plans to increase production of its PlayStation 5 console as supply chain thicknesses ease and indicated a radical expansion of its gaming portfolio, including more PC and mobile titles. .
The PS5, which went on sale in November 2020, sold less than its predecessor in its second year due to the shortage of components that has affected the electronics industry. But it is expected to close the gap in the third year and overcome the PS4 installation base the following year.
Beyond the initial increase, “we are planning major increases in console production, which will take us to production levels we had never reached before,” said Jim Ryan, CEO of Sony Interactive Entertainment, in a briefing for to investors.
While Covid-19 blockades in China continue to create uncertainty in the supply chain, “things are definitely improving,” he added.
Sony has forecast PS5 sales of 18 million units during the business year through the end of March, compared to 11.5 million the previous year.
Describing a move by PlayStation to focus only on single-player games exclusive to its platform, Ryan said more titles will be offered for PC and mobile in addition to live service games, which provide one game. continuously updated.
While PS4 and PS5 titles are expected to account for more than two-thirds of this year’s releases, PC and mobile titles will account for nearly half of new games in 2025.
“Initiatives to expand our audience … will have a profound effect on the shape of our gaming portfolio,” Ryan said.
With the change, PlayStation aims to keep pace with the changing industry that has seen technology in the cloud and increase the computing power of smartphones unleashing users of bulky hardware and more money that players spend on titles in free online.
Amid much speculation that metavers, or the idea that users will spend more time in simulated environments, will change the industry’s business models, Ryan said many consumers will continue to play as before.
“There will be many, many individual players who prefer to enjoy the games the way they have been played for the last 30 years or so,” he said.
(This story has not been edited by NDTV staff and is automatically generated from a syndicated channel.)