🚫 Sony Stops PSVR2 Production! 📉

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Published on March 19, 2024 2:00:04 PM ● Video Link: https://www.youtube.com/watch?v=76G_NIC_Meg

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🚫 Sony Stops PSVR2 Production! 📉

Sony Group Corp. has halted the production of its PSVR2 headset to manage an excess of unsold stock, indicating challenges in the virtual reality market's appeal. Despite launching over 2 million units since February last year, sales have dwindled, leading to a surplus throughout the supply chain. Industry observers note declining quarterly shipments and suggest future growth might be spurred by new entrants like Apple. Sony's issues are compounded by the high cost of VR hardware, a scarcity of compatible games, and recent layoffs in studios focused on VR content development.

Source - https://www.bloomberg.com/news/articles/2024-03-18/sony-hits-pause-on-psvr2-production-as-unsold-inventory-piles-up

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