According to Bloomberg, the launch of the highly anticipated Playstation 6 could be delayed until 2029 due to a memory crisis impacting the gaming console market. Sources familiar with Sony's operations have indicated that the release might not occur before 2028. This delay comes at a time when gamers have been speculating about the new console's release, with discussions taking place on platforms like Reddit, where some hoped for a launch as early as next year.

The potential postponement of the Playstation 6's release could provide a competitive advantage to Sony's rivals. AMD's CEO, Lisa Su, has mentioned that Microsoft is making significant progress on the next Xbox, with a possible release as early as 2027. This development could intensify competition in the gaming console market, especially if Sony's new console is delayed and Microsoft's is released earlier.

Furthermore, the prices of essential RAM modules for gaming consoles are reportedly on the rise, contributing to the challenges faced by console manufacturers. This situation raises concerns for both consumers and companies within the industry, highlighting the ongoing impact of supply chain issues and technology shortages that are affecting product launches across various sectors, not just gaming.