PlayStation 5 buyers may have to wait longer as Sony cuts production targets due to component shortage

Those looking to buy the PlayStation 5 may have to wait even more, as Sony has cut down on its target of assembled PS5 units for this financial year. The company is reportedly facing a component shortage and logistics restrictions that led to the drop in production.

PlayStation 5 has been tough to find in stores since its launch an year before. The gaming console by Sony has seen a very limited supply to date and new reports indicate that this availability may worsen over the coming months.

As per sources familiar with Sony's operations, the Japanese electronics major may have had cut down on the production of PlayStation 5 (PS5) units. While the company originally planned to produce 16 million units of PS5 in this fiscal year, it has now revised its production outlook for this period to 15 million units.