Since the latest generation of Xbox and PlayStation consoles were officially launched in November 2020, even though it has been more than one year, the current game consoles are still in short supply. Of course, a large part of the root cause lies in the global shortage of semiconductors and the shortage of chip supply, so money cannot be bought. Both Microsoft and Sony have promised to do their best to solve the demand. It can be seen that the popularity of these home game consoles remains high.
This growth trend will continue into 2022. According to AMD’s CEO Lisa Su during a Q&A session with investors, she was deeply impressed by the continued high demand for PS5 and Xbox Series X|S. Both consoles are selling well, and she believes that this situation will continue to grow in 2022, and it is likely to reach a peak in 2023.
“I think the game console business, this game console cycle, and everything when you look at it as a whole are amazing,” Su said. “I mean, if you consider the intensity of the cycle, we are now in the second year and the demand is still so high. We have shipped a lot of products. Therefore, the fact that the demand is still high proves that Microsoft and Sony are in this Product features captured in the game console cycle. We are continuing to increase production. We expect that 2022 will be another year of strong growth in game consoles. If you look at the typical game console life cycle, the peak year is actually It is usually in the fourth year. Therefore, 2023 can be expected to be the peak year.”
However, let us not forget that Intel just said not long ago that the problem of chip shortages will not really be alleviated until 2023. For this reason, it remains to be seen whether Microsoft and Sony can find a way to smoothly solve the problem of insufficient supply before then.
Thanks Wccftech