Sony raises outlook amid home entertainment boom, but struggles to build more PS5s

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Sony says some customers may have to wait longer for PS5 units as it competes for chips with other businesses.

Sony raised its full-year profit outlook by one-third, helped by pandemic-fueled demand for games, movies, and other content, but said it was struggling to build enough PlayStation 5 consoles amid a global shortage of semiconductors.

The shift to the new games console is also expected to encourage gamers to move to online downloads or subscription services, helping Sony boost the profitability of its gaming unit. Sony had worried about the potential impact on its sensor business following U.S. restrictions on sales of chips using U.S. technology to Chinese smartphone maker Huawei Technologies Co Ltd.

 

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i guess some semiconductor companies can't catch up with the demand

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