Lisa Su is impressed, and as both consoles use AMD technology, she needs to know best the supply and demand ratio.

The PlayStation 5 and the Xbox Series both launched in November 2020, and many Western markets encountered a lack of hardware due to the pandemic, as it caused a shortage of components, leading to Sony and Microsoft not having enough consoles to provide to the customers, who end up quickly buying anything that lands on the shelves. The global supply chain has some holes in it, simply put.

Lisa Su spoke at the 25th Credit Suisse Technology Conference. She said the following: “Well, I think — first of all, I think the console business, this console cycle and all when you look at it in totality, has been amazing”, Su said. “I mean, if you think about the strength of the cycle, now we’re deep into the second year and the fact that the demand is so high. I mean, we’ve been shipping a lot of products.

So the fact that the demand is still high says something about just sort of the product capability captured by both Microsoft and Sony in this console cycle. We’re continuing to ramp up production. We expect 2022 to be another strong growth year for consoles. If you look at the typical console cycle, the peak year is the fourth year typically. And so you would expect maybe 2023 would be the peak year.

But the overall point is, look, it’s a great platform. We love that we have so many users using AMD technology on the console platform, and we’ll continue to ramp up supply. And from a seasonality standpoint, yes, you’re right. Seasonality does become more muted in this environment until we get to sort of a more normalized environment,” Su said.

We could say that 2022 will be a rough year for availability before the situation improves, but we thought of 2021 as such a year ago, and yet, the pestilence is still with us.

Source: WCCFTech