Sony have confirmed that their next-generation console PlayStation 5 is still scheduled to release during Holiday 2020. The company said that the development did not suffer any major issue.
Japanese tech giant Sony have reassured fans that PlayStation 5 is "on track for launch in this holiday season" despite the global issue with COVID-19 pandemic. The company confirmed this in their latest, fiscal 2019 earnings report today.
Sony said that the development of the PlayStation 5 console is still progressing with the launch of the console and that at this point in time, major problems have not arisen in the game software development pipeline for Sony's own first-party studios or its partners' studios.
Some minor problems have surfaced since the majority of employees are working from home and restrictions on international travel have presented challenges for the testing process but this will not have an impact on the console's release.
PlayStation 4, however, has seen a slight production impact due to issues in the component supply chain. Demand in the short-term is being addressed with current inventory and sales are trending well, Sony confirmed.
The current-gen console also reached another impressive milestone with 110 million units sold worldwide but the revenue in fiscal 2019 was 14 per cent lower than usual due to weaker software and hardware sales.
You can find more details about Sony's 2019 fiscal year in their full report here.