At a time when its collection of businesses are all declining, Sony had one bright spot on the horizon: a new games console. Now the company, and its investors, will need to wait a little longer for that fresh high.
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Microsoft’s two-tiered strategy that attempts to make next-generation console gaming more affordable misses the mark. The company seems to have forgotten the most important videogame industry lesson.
Sony is roughly doubling its PlayStation 5 production to 10 million units this year as it sees the prolonged effects of the Covid-19 pandemic boosting demand for gaming.
Sony’s image sensor business aims to replicate PlayStation’s success to address its reliance on a handful of manufacturers in the fickle smartphone market by selling software by subscription for data-analysing sensors.
Sony has unveiled its forthcoming PlayStation 5 and a raft of titles set to land on the next-generation console.
Facebook’s Oculus division is building a new version of its Quest standalone virtual reality headset that is likely to be smaller, lighter and have a faster image refresh rate for more realistic content.
The Electronic Entertainment Expo, a massive videogame conference that had been scheduled to take over the Los Angeles Convention Centre in June, was cancelled due to coronavirus concerns.
Scarce components have pushed the manufacturing costs for Sony’s next PlayStation to around $450/unit, forcing a difficult price-setting decision in its battle with Microsoft.
The wireless industry scrapped its biggest annual showcase after the coronavirus outbreak sparked an exodus of participants, roiling telecommunications companies just as they’re preparing to roll out new 5G services.
Chinese gadget manufacturer TCL Communication has become the latest company to scale back its presence at upcoming tech show Mobile World Congress over concerns about coronavirus.