Companies are either postponing releases or expecting items to sell out as soon as they become available due to a shortage of chips. Experts predict that the situation would deteriorate further during the busy Christmas season, when demand will surpass supply.
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The year is coming to a close, and the worldwide semiconductor shortage is still wreaking havoc on tech businesses and automakers alike. The issue hasn’t changed much, with devices like the PlayStation 5, Xbox One X, Nintendo Switch OLED, and various iPhone models still being difficult to come by. The Ola S1, which has been delayed by at least a month owing to a scarcity of computer chips, is the most recent to enter the queue.
Companies are either postponing releases or expecting items to sell out as soon as they become available due to a shortage of chips. Experts predict that the situation would deteriorate further during the busy Christmas season, when demand will surpass supply. When the PlayStation 5 was released at the end of last year, it quickly sold out and became the trendiest product on the market. While restricted retail availability was always expected owing to overwhelming demand, no one predicted that a semiconductor scarcity would put the console out of reach for millions of people. Even now, it’s virtually tough to buy a PS5, with restocks running out rapidly.
Because Sony is unable to provide more PS5s, scalpers have taken advantage of the situation by reselling the machine for far higher rates than the indicated retail price. Despite continuous chip shortages, Sony managed to sell 13.4 million PlayStation 5 consoles throughout the world. However, Sony recently said that it plans to produce fewer PS5s in the future. In certain ways, Sony has hinted that getting a PS5 this Christmas season would be tough.
