Despite shortage: Sony has secured enough microchips to produce 12 million new PlayStation 5 consoles until March 2022

The Sony PlayStation 5 is a bestseller, there is barely any doubt about that. We just recently reported that Sony sold its first 10 million PS5 units in record time, reaching that milestone 20 days earlier than with the PlayStation 4 (from US$433 on Amazon). Despite the scarce availability of the new console, Sony appears to be very optimistic about the future of its most important product, which has generated 615 billion Japanese yen (approximately US$5.6 billion) of revenue last year.

In a web call a few days ago, Sony's CFO Hiroki Totoki vowed that the company would stay true to its original goal of producing 22.6 million PS5 units until March 2022. In order to keep this promise, Sony will have to produce 12 million additional PlayStation 5 gaming consoles in the upcoming seven months. Considering the worldwide semiconductor shortage, Sony's apparent confidence regarding its production is a bit of a surprise.

But the company also assured that it has already secured the components that are necessary to produce this large amount of consoles. However, analysts still expect that the incredibly high demand will exceed the supply of new gaming consoles for the foreseeable future. So even though Sony is ramping up the production, gamers will unfortunately still have a hard time getting their hands on a PS5.