According to leading industry big wigs, gaming console shortages could very likely continue into 2022. This comes as a statement from Xbox Boss Phil Spencer. He went on to state that the global chip shortage is not the only reason for console unavailability.
In an interview with The Wrap, Spencer discussed, among other things, the gaming console shortage issue, and why it’s becoming harder and harder to supply Xbox Series S and X consoles to markets across the world.
Reasons for global gaming console shortage
To quote Spencer from his interview with The Wrap, “I think it’s probably too isolated to talk about it as just a chip problem,” he said. “When I think about, ‘what does it mean to get the parts necessary to build a gaming console today, and then get it to the markets where the demand is’, there are multiple kind of pinch points in that process. And I think regretfully it’s [gaming console shortage is] going to be with us through the end of this calendar year and into the next calendar year.”
He added, “The thing that’s most disappointing is just the fan disappointment. People really want this new generation of consoles- they’re good consoles, both from us and the other platform holders, and they want the new functionality. We’re working hard to bring them to market but it’s going to be a challenge that we’ll work through for quite a while.”
Console makers have been struggling with stock shortages since the past 18 months or so. Ever since the new generation consoles were announced, they have been rather hard to find, especially the Sony consoles. Not just that, both offerings from PlayStation and Xbox are notoriously being sold on eBay by scalpers for extremely high prices.
Incidentally, even the graphics card market has taken a huge hit owing to the global chip and demand shortages.