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Why are consumers spitting chips in the search for a PS5?

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Why are consumers spitting chips in the search for a PS5?

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Why gamers are spitting chips

  • Sony is forecast to ship 67 million PlayStation 5 consoles annually by 2024.
  • Computer chip shortage impacting production.
  • Silicon sales are worth more $400 billion annually.

By Dan PetrieGamers are the latest victims of the global computer chip shortage, with massive back orders for Sony’s new PlayStation 5.

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The shortage of computer chips is partly due to an increase in the price of silicon, and this has been compounded by the decades-long practice of outsourcing chip making to Asia, resulting in fewer manufacturers.

The average price of ferrosilicon, containing 75% silicon, has jumped by almost 20% to $US1.20 per pound, following a broader surge in the price of hard commodities.

For buyers lining up to purchase the Playstation 5, there is little Sony can do except bring chip manufacturing in-house.

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