Gaming News

24 Feb 2021

PS5 and Xbox Series X Stock Shortages Expected Until Christmas

A new Bloomberg report has suggested that a global shortage of components could lead to console shortages until Christmas.

According to the report, semiconductors are scarce as console manufacturers aren't able to secure them as easily as larger tech brands.

PS5 and Xbox Series X Stock Shortages Expected Until Christmas

“The game hardware industry is bracing for supply to get worse before it gets better in 2021, potentially even affecting the next holiday season,” the report cites.

Between the pandemic and increased demand, PS5 and Xbox Series S/X consoles are harder to get a hold of than ever – as well as Nvidia's latest graphics cards.

The parts required are primarily built by TSMC and Samsung Electronics Co, and supplies are usually planned years in advance.

Allegedly, smartphone manufacturers have been hoarding the parts due to US sanctions, including Huawei and Apple.

Sony has noted that the shortage of parts is likely to affect its console shipments for the new financial year.

The other issue is scalpers, with people snapping up huge quantities of consoles to sell at a higher price.

As we reported yesterday, a private member's bill called the "Gaming Hardware (Automated Purchase and Resale) Bill 2019-21" is aiming to stamp out scalpers.

Here's hoping that in the coming months things return to normal and consoles are easier to find.

For more on console stock, be sure to follow our UK and US Gfinity deals accounts.