Toshiba representatives recently told Bloomberg the shortage on semiconductors, which is heavily impacting PlayStation 5 and Xbox Series X|S production, may not lift until sometime next year. Console manufacturers have continuously wrestled with the pandemic-induced stock shortages for approximately 18 months. Companies such as AMD previously predicted the issue would persist through 2021, with the likes of electronics manufacturer Foxconn estimating supply constraints may hold firm until at least mid-2022.
Though Microsoft's and Sony's newest consoles remain difficult to acquire, sales for both pieces of hardware continue to set internal records. The Xbox Series X|S, for instance, counts as the fastest-selling Xbox console to date, moving an estimated 6.5 million units as of June 30. Meanwhile, PlayStation 5 crossed 10 units sold on July 18 to become the fastest-selling Sony hardware, according to the company's financials. But each of the tech giants could be shifting even more devices were it not for the unceasing semiconductor shortages. Though Microsoft and Sony are working to secure supplies, it looks like general shortages will persist for another year or so.
Speaking with Bloomberg (via VGC), Toshiba admitted it won't be able to fulfill semiconductor orders for the next year. In some cases, the chip shortage could continue through 2022, according to Takeshi Kamebuchi - one of the directors over Toshiba's semiconductor output. Kamebuchi cited low materials and market demand exceeding output as reasons for the company's production limitations. Consoles received mention during the discussion as well, with Kamebuchi saying, "game console makers are among the customers making the strongest demands and I’m sincerely sorry for their frustration as none of them have a 100% satisfaction." Manufacturers have reportedly shared intentions of reworking their hardware's circuit boards to lessen the number of required components. (As many may know, Sony has already brought a lighter PlayStation 5 model to market.)
Toshiba's expectations align with those relayed by other companies. In a July earnings call, in fact, Intel CEO Pat Gelsinger estimated the widespread demands will remain underserved for an extra year or two.
Of course, consoles aren't the only technology vulnerable to the chip shortage. Every level of the tech industry has taken a hit, with smartphones, computers, vehicles, and more all patiently waiting for the tide to turn, though drastic changes may not occur anytime in the near future.
Source: Bloomberg via Video Games Chronicle