This November will mark the first official year since the release of the next-generation Xbox & PlayStation. In the time since both releases respectively, users are finding it extremely difficult to acquire either the PlayStation 5 or Xbox Series X|S consoles. But it is found to be an issue not only for gaming consoles, but also many other industries as President Joe Biden calls for an investigation to resolve the ongoing crisis.
As the problem continued to develop, companies gave projections for when its hardware will become more readily available. In that, Sony told that PlayStation 5’s could face a setback well until 2022 due to the problem at hand. But, AMD elsewhere said an increase in production is to take place halfway through 2021.
But in a new statement from Toshiba, the issue is to still be present well until 2023 reportedly. Speaking to Bloomberg, the Japanese company explains that the constant shortage could face a turnaround by September 2022 at the earliest, but could possibly bleed well into spring 2023.
The supply of chips will remain very tight until at least September next year. In some cases, we may find some customers not being fully served until 2023. We usually receive orders weeks and months in advance, but we currently face increasing inquiries for half a year into the future and beyond.
Long-term contracts piling up like this is new to us. We consider which customer faces the most severe situation, such as the risk of the whole production line halting or the business getting obliterated without the supply of chips.
Takshi Kamebuchi, Toshiba Director of Semiconductor Manufacturing
Additionally, Kamebuchi went on to apologize to the video game market as the specific industry is one that demands silicon the most. 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. Toshiba has acknowledge the concern for semiconductors and speaks of possibly opening a new factory to level the demand to the supply.
Elsewhere previously, Intel also projected a similar window for arrival on components as well for 2023. “While I expect the shortages to bottom out in the second half, it will take another one to two years before the industry is able to completely catch up with demand,” CEO Pat Gelsinger expressed at the time. You can read the full report by heading here.
Are you still trying to get your hands on a new console?
Source: Bloomberg
