{"id":214508,"date":"2024-03-18T16:46:35","date_gmt":"2024-03-18T16:46:35","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/18\/sony-to-halt-psvr2-production-due-to-surplus-of-stock\/"},"modified":"2025-06-25T17:20:26","modified_gmt":"2025-06-25T17:20:26","slug":"sony-to-halt-psvr2-production-due-to-surplus-of-stock","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/18\/sony-to-halt-psvr2-production-due-to-surplus-of-stock\/","title":{"rendered":"Sony to &#8216;halt PSVR2 production due to surplus of stock&#8217;"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/readwrite.com\/wp-content\/uploads\/2024\/03\/triyansh-gill-uUmXIGWzPPk-unsplash-900x678.jpg\" \/><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Sony Group Corporation has allegedly put a stop to production of its PSVR2 headset, due to a backlog of unsold units.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The news came from an <\/span><a href=\"https:\/\/www.bnnbloomberg.ca\/sony-hits-pause-on-psvr2-production-as-unsold-inventory-piles-up-1.2048040\"><span style=\"font-weight: 400;\">article by Bloomberg <\/span><\/a><span style=\"font-weight: 400;\">journalist Takashi Mochizuki who claims that sales of the product have slowed \u2018progressively since its launch and stocks of the device are building up.\u2019<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Citing unnamed sources who are \u2018familiar with its [the firm\u2019s] plans,\u2019 <\/span><span style=\"font-weight: 400;\">Sony<\/span><span style=\"font-weight: 400;\"> has apparently produced \u2018well over two million units of the product launched in February of last year.\u2019<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes just over a year after <a href=\"https:\/\/readwrite.com\/is-psvr2-coming-to-pc-it-looks-like-we-will-get-official-compatibility-this-year\/\">the PlayStation VR2 was officially launched<\/a>, catapulting Sony as one of the front runners in the virtual reality gear market. The device, priced at $549.99, allows users to explore reality gaming with PlayStation VR2 Sense technology.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the Bloomberg article, Macquarie analyst Yijia Zhai offers a reason for the potential lack of take-up: \u201cThe high price of VR hardware acts as the main hurdle for its expansion,\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cCurrently, there are limited games that support VR devices, and that will also lead to lack of motivation for players to purchase VR hardware. This limited content also has a reason \u2013 the development cost for VR games is substantially higher than normal titles.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sony has not yet confirmed or denied the halting of production and it is expected that they\u2019re continuing to work on expanding the PSVR2 headset range.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Reality of the video game industry<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/readwrite.com\/sony-aiming-to-hit-25-million-sales-target-across-europe\/\"><span style=\"font-weight: 400;\">Tokyo-based technology giant<\/span><\/a><span style=\"font-weight: 400;\"> has faced some challenges recently, as it announced plans to cut around 900 jobs within its PlayStation unit and shut down a London-based studio in late February 2024.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These layoffs affected in-house studios like Guerrilla Games which worked on creating an exclusive game for the headset from its popular Horizon series.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sony is not alone, as both Microsoft and Tencent-owned Riot Games also underwent significant layoffs in recent months due to a slow recovery in the gaming industry.<\/span><\/p>\n<h2>PlayStation 5 Pro expected launch in September<\/h2>\n<p>Although the PSVR2 headset may not be performing as well as the company hoped, that isn\u2019t stopping them from gearing up ahead of the <a href=\"https:\/\/readwrite.com\/playstation-5-pro-release-date-price-and-specs\/\">PlayStation 5 Pro release<\/a>.<\/p>\n<p>An exact date isn\u2019t yet known, but console fans are trading rumors about a possible date in September of this year. Several gaming tech insiders seem to agree about this rough window which would line up logically with the planned release of Grand Theft Auto 6 in 2025.<\/p>\n<p>It\u2019s reported by\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=r4pnDiIa8qk\" rel=\"noopener\">industry sources<\/a> via the YouTube channel RedGamingTech that the PlayStation 5 Pro will feature eight-core Zen 2 CPUs (clocking in at 4GHz), an RDNA 3 GPU at 2.8 GHZ, and 16GB of 18,000 MT\/s GDDR6 memory with a bandwidth of 587 GB\/s.<\/p>\n<p>Much like everything else, the price isn\u2019t yet known either. In 2016, when Sony released a Pro console after a Slim version, the Pro version cost $100 more. By that logic, the PlayStation 5 Pro could potentially be in the region of $599.99.<\/p>\n<p><em><strong>Featured Image: Photo by <a href=\"https:\/\/unsplash.com\/@triyansh?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash\">Triyansh Gill<\/a> on <a href=\"https:\/\/unsplash.com\/photos\/a-white-table-topped-with-two-video-game-controllers-uUmXIGWzPPk?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash\">Unsplash<\/a><\/strong><\/em><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/readwrite.com\/sony-to-halt-psvr2-production-due-to-surplus-of-stock\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Sony Group Corporation has allegedly put a stop to production of its PSVR2 headset, due to a backlog of unsold units. The news came<\/p>\n","protected":false},"author":1,"featured_media":214509,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[152],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/214508"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=214508"}],"version-history":[{"count":2,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/214508\/revisions"}],"predecessor-version":[{"id":336539,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/214508\/revisions\/336539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/214509"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=214508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=214508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=214508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}