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PS5 will be Released This November

Anelis May by Anelis May
5 years ago
in Asia News
PS5

Sony has finally announced the launching of PlayStation 5 or PS5 on the market. It was confirmed that PS5 and and PS5 Digital Edition will be released on November 12.

Sony shares down 3%

Based on Bloomberg, Sony’s shares fell after reportedly cutting PlayStation 5 games production. The electronics company’s shares fell 2.41% to 3% on Tuesday.

Sony is expected to cut production of the PlayStation 5 by 4 million units. The reduction was due to a problem with the on-chip (SOC) system or computer system prospects.

SOC problem arise due to Japanese electronics power plant is experiencing manufacturing problems. The yield for SOC is only 50%. When asked for confirmation, Sony declined to comment.

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Morningstar Investment Management Asia senior secession analyst Kazunori Ito said that PlayStation 5 units to be released were only 11 million, previously planned for 15 million units. Ito revealed that the number was still relatively high compared to the previous series.

The PS5 costs around USD400 and USD 500

PS5 will be released on Nomber 12 for some countries, namely United States, Japan, Canada, Mexico, Australia, New Zealand, and South Korea.

Sony announced the price of the regular version of the PS5 at USD 500, while the price of the PS5 Digital Edition or those without an optical disc, aka Blu-ray disc hole, is priced at USD400.

READ ALSO: Apple Release iPad Air 4

 

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Tags: PS5PS5 pricePS5 release dateSony Stock
Anelis May

Anelis May

I love all types of content. Financial news is my specialty though. Full time writer about Financial news, economics, market trends, politics enthusiast and more.

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