June 17, 2021 | Eul Basa

Sony's PS5 Restock Disaster Is About To Get A Whole Lot Worse


If you haven't gotten your hands on a PS5 yet, it could be quite some time before you get another chance. Behind the scenes at Sony, the PS5 situation is a disaster—over the last four months, the company has been trying desperately to keep up with restocking demands, but it has been unable to do so because of a global semiconductor shortage that is delaying the manufacturing process.

Neil Campling, a technology analyst, told The Guardian that things are just going to get worse from this point on: "There is a perfect storm of supply and demand factors going on here. But basically, there is a new level of demand that can’t be kept up with, everyone is in crisis and it is getting worse."

The semiconductor chip is a piece of integrated circuitry that consists of many components, including transistors and a wiring wafer. It is an essential inclusion in several electronic devices, including smartphones, digital cameras, televisions, home appliances, LED bulbs, and even medical equipment.

With that in mind, the current semiconductor shortage that is going on right now is affecting multiple industries beyond just gaming. As many sectors compete for the limited quantities of semiconductor chips, there is a massive strain being put on global supply chains.

Samsung, for example, took a huge hit this year due to the shortage. Its latest device, the Galaxy Note 21, was effectively cancelled for launch as a result of a lingering uncertainty to meet manufacturing demands.

Sony's PS5, as well as Microsoft's Xbox Series X, could be in the same boat as well. While the demand for their products is there, there is a lack of supply to fulfil that demand, and it is preventing them from hitting their sales targets this year.

While it's unlikely that Sony or Microsoft will increase the price of their units to offset the losses, consumers will likely not see any sales or discounts on the consoles any time soon.


READ MORE

The Yawn-Inducing Hall of Fame: Top 15 Most Boring Jobs

Take a humorous dive into the top 15 most boring jobs in the world. From watching paint dry to counting cars, discover the less-than-thrilling day-to-day of these necessary, yet yawn-inducing roles, along with what they entail and what they pay.
November 14, 2023 Allison Robertson
worst employees

The Worst Types Of Employees In The Workplace

Navigate the minefield of workplace dynamics with our guide to the worst types of employees. From procrastinators to gossip mongers, discover why these characters can disrupt the harmony of any workplace and how to handle them effectively.
November 27, 2023 Sammy Tran
Gerald Ratner Editorial

Doing A Ratner: Honesty In Business And The £500 Million Gaffe

Gerald Ratner built a massive jewelry empire from the ground up by himself—then, in just a matter of minutes, he destroyed it all.
January 19, 2024 Samantha Henman
worstmoments_internal

These People Shared The Worst Moments Of Their Lives…And They’re Utterly Brutal

From cheating spouses to catastrophic accidents, there are times when life throws brutal punches...and these people have firsthand experience.
March 1, 2021 Eul Basa
travel-internal

World Travelers Share Their Best Travel Tips and Tricks

Being a savvy traveler is something that only comes with experience. These frequent flyers share their best tips and tricks to help you travel seamlessly. 
November 15, 2019 Eul Basa



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team