OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report 
TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Intel Boosts Malaysia Operations with Additional RM860 Million Investment 
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion 
Samsung Launches Galaxy Z TriFold to Elevate Its Position in the Foldable Smartphone Market 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman 
PlayStation 5 was released not long ago, and surprisingly, the units have run out already. This was unexpected since the world is in the middle of a devastating pandemic.
Why the stocks of PS5 units depleted so fast?
Prior to the release of PlayStation 5, Sony was anxious because the newest game console has been set for release during the holidays in 2019. The launch was actually delayed a few times due to the COVID-19 crisis.
With the decline of the economy and loss of jobs due to the pandemic, Sony backtracked a bit and lessen the amount of production for PlayStation 5. The company reduced the number by the millions as the tech company also fears incurring huge loss since the cost of production and materials are no joke.
Now, when PlayStation 5 was launched in November, Sony was overwhelmed as units got sold out very fast. There were also pre-orders, and that is was one reason why fewer consoles were able to make it to the stores.
With the unexpected results, Sony is now working double-time to produce more PS5 consoles. As per DigiTimes, Sony was able to ship out around 3.4 million units worldwide, and with the extra production for this year, the number of shipments is expected to reach from 16.8 to 18 million units.
The first batch of production that were released on Nov. 12 were distributed in the U.S., South Korea, New Zealand, Japan and Australia. Parts of Europe and the rest of the world got their supply weeks before Christmas and unfortunately, these were the last batch of the available PS5 consoles.
Where to get re-stocks
Sony promised to re-stock as soon as possible. The company is also getting help from its manufacturing partners to meet the demand and hasten the production of more PlayStation 5.
When the re-stock arrives, Tom’s Guide reveals these are the stores to check out to obtain their much-wanted gaming console. The places where PlayStation 5 re-stocks are arriving include Walmart, Best Buy, Amazon, GameStop, Sony, Target and Newegg. Game enthusiasts must keep checking for the availability of the units as they are still predicted to get sold out fast.
