Sony says PS5 production is safe as GTA VI launch nears

GTA 6 PS5 launch

Sony says it has secured enough memory chips to keep PlayStation 5 production on track through the financial year ending March 2027, easing concerns that a global component shortage could leave gamers struggling to find consoles before the release of Grand Theft Auto VI.

The company confirmed to IGN that it has already secured the memory needed to meet its PS5 sales targets for fiscal 2026. Sony also said there is no change to its expectations for hardware profitability, which it believes will remain in line with the previous financial year.

The reassurance comes as the gaming industry faces rising hardware costs caused by a worldwide shortage of memory chips. Demand from artificial intelligence data centres has pushed DRAM prices sharply higher, forcing major console makers to increase prices over the past year.

Sony raised the prices of the PS5, PS5 Pro and PlayStation Portal in April. The standard PS5 with a disc drive now costs $649.99 in the United States, up from its original launch price of $499.99. The PS5 Pro has climbed from $699.99 to $899.99.

Rivals have also followed suit. Microsoft recently increased the price of the Xbox Series X to $799.99, while Nintendo announced a price rise for the Switch 2 to $499.99 from September.

Despite the higher prices, Sony Chief Financial Officer Lin Tao defended the console’s value, saying it still offers a more affordable gaming experience than a high end gaming PC.

Sony hopes a strong line up of upcoming games will revive PS5 hardware sales, which have slowed in recent months. The company shipped 1.6 million PS5 units during the April to June quarter, down around 36 percent from the same period a year earlier.

Much of Sony’s confidence rests on Grand Theft Auto VI, which is scheduled to launch on November 19, 2026 after Rockstar Games confirmed there would be no further delay. Because the game will not be released on PC at launch, millions of players are expected to buy or upgrade to a console.

Sony is also preparing to release Marvel’s Wolverine later this year and God of War: Laufey in early 2027, giving the PS5 one of its strongest software line ups in years.

The company also reported solid financial results, raising its full year operating profit forecast to ¥1.72 trillion. Growth in its music business and gains in its gaming division helped support the improved outlook.

PlayStation’s monthly active users reached a record 125 million accounts in June, although overall playtime fell 4 percent compared with a year earlier.

Looking beyond the PS5, Sony’s latest earnings report also pointed to investment in its next generation platform, widely seen as an early reference to PlayStation 6 development. However, the company has not revealed when its next console will arrive.

For now, Sony’s priority is ensuring enough PS5 consoles are available when one of the biggest game launches in history arrives later this year, despite ongoing pressure from the global memory market.

Read next: Sony increases PS5 prices for second time within a year