- Aug 25, 2020
Sony has said PlayStation 5 remains on track for its Holiday 2020 release, and game development has seen "no major issues" due to the COVID-19 outbreak. As part of its financial results briefing, Sony Global reiterated that its new hardware is "on track for launch this holiday season". A statement on the impact of the pandemic reads: "Although factors such as employees working from home and restrictions on international travel have presented some challenges in regards to part of the testing process and the qualification of production lines, development is progressing." Xbox boss Phil Spencer has previously said that while Series X hardware development is relatively unaffected by the effects of the outbreak, game development remains the bigger unknown. Sony does not appear to have the same fears about its upcoming software right now: "At this point in time major problems have not arisen in the game software development pipeline for Sony’s own first-party studios or its partners’ studios." [widget path="global/article/imagegallery" parameters="albumSlug=confirmed-playstation-5-games&captions=true"] While things seem to be progressing somewhat on track for Sony's games division, the problems caused by COVID-19 has been serious enough for the company to suspend any forecasts about its future performance, meaning we're unable to see how the company expects PS5 to perform after launch. As for its current products, Sony reports that PS4 hardware production has taken a hit due to "issues in the component supply chain." However, sales of existing hardware are "trending well", and digital game sales and subscriber numbers for PS Plus and PS Now have "significantly increased". Yesterday, Sony announced that it had grouped all of its first-party studios' output under a new brand, PlayStation Studios (and revealed a Marvel-like intro animation to go with it). For more on PS5 check out its full specs, how they compare to Xbox Series X, take a look at its new controller, the DualSense, and the games we know are coming to the system. For a full round-up, here's everything we know about PS5 so far. [ignvideo url="https://www.ign.com/videos/2020/04/17/ps5-and-xbox-launch-game-candidates-next-gen-console-watch"] Here's how to help and stay safe during the coronavirus outbreak. [poilib element="accentDivider"] Joe Skrebels is IGN's Executive Editor of News. Follow him on Twitter.