In the entertainment industry, as in many others, chaos is happening now because of the coronavirus epidemic. Production is frozen and movie premieres are postponed, major events and exhibitions are canceled, many game and film studios have begun to transfer their employees to a remote mode of operation. According to experts, the launch of next-generation consoles is also under attack Xbox Series X and Playstation 5.
According to the report of the analytical company Dfc intelligencedue to supply chain disruptions caused by the coronavirus pandemic, there is a high probability that Sony and Microsoft will be forced to postpone the release of new consoles from autumn to a later date.
“The coronavirus is likely to have a serious short-term impact on the supply of both systems. There is a high probability that one or both consoles will not be released in 2023. If the launch still takes place, the supply will probably be limited, and the initial prices may be higher than expected.
Currently, the economy is in an unprecedented state of uncertainty. Even if in a few weeks the situation clears up, companies’ capabilities in terms of production and release of new gaming systems have already suffered greatly. “
Company AMDwhich acts as a supplier of their own SoC for PS5 and Xbox Series X, noted in one of the slides of the recent presentation that the launch of a new generation of consoles is still planned for the end of this year, however, it is still impossible to completely exclude the possibility of delaying the consoles. The spread of coronavirus in China is gradually subsiding, but in Europe and North America the peak of infection has not yet passed.
DFC Intelligence experts also admit that at the start of sales, consumer demand for new consoles may be stronger than ever. Analysts predict that when launching consoles, demand will significantly exceed supply, which in the long run can increase overall sales. In addition, the abundance of government and public measures aimed at combating coronavirus should help ensure a relatively short-term crisis, the report said.
As of today, over 157 thousand cases of coronavirus infection have been registered worldwide. Recovered – 75 thousand, the dead – almost 6 thousand.
Read also: Disney suspended production of its films amid problems with coronavirus.
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