Sony to Hold PS5 Showcase Early Tomorrow... Denies Production Volume Reduction

[Asia Economy Reporter Seulgina Cho] Following Microsoft's Xbox Series X, Sony will unveil its next-generation gaming console, the PlayStation 5 (PS5), online on the 16th (local time). Sony immediately denied reports that it had reduced the annual production volume of the PS5 due to chip yield issues.

According to IT media outlet The Verge, on the day before the PS5 showcase, Sony responded to foreign media reports claiming that the annual PS5 production volume was lowered by 4 million units from the originally planned 15 million units, stating, "We do not disclose manufacturing details, but the reports are not true." Sony emphasized, "The production numbers of the PS5 have not changed since mass production began."

Earlier, Bloomberg News reported, citing multiple sources, that the chip yield rate for the PS5 was only 50%, leading to a reduction in production volume to 11 million units. Following the report, Sony's stock price fell by as much as 3.5% during trading.

Sony will hold the PS5 showcase at 4 PM Eastern Time and 1 PM Pacific Daylight Time (PDT) on the 16th. In Korean time, this will be in the early morning of the 17th.

Due to the impact of the novel coronavirus (COVID-19), this showcase will be held online without attendees, similar to Apple's product launch event held a day earlier. The approximately 40-minute broadcast is expected to reveal the PS5's sales price, release date, and updates on the latest titles from developers.

Sony stated, "Ahead of the PS5 launch at the end of the year, we want to showcase the games that will be available at launch once again."

Meanwhile, competitor MS will begin pre-orders for the next-generation Xbox Series X starting on the 22nd of this month, ahead of its release next month.

This content was produced with the assistance of AI translation services.