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Gaming fans are holding out hope after Sony confirmed more PlayStation 5 stock is on the way.

PlayStation boss Jim Ryan claimed there will be “decent numbers” of PS5s available by the second half of 2021.

There has been huge demand for the next-gen console since its release last November.

Stock has been low since its launch, with consoles selling out minutes after they appear online.

Sony has been struggling to keep up with demand because there is a shortage of crucial components, such as semiconductors.

But Mr Ryan, the president of Sony Interactive Entertainment which handles the PlayStation business, said supply problems are expected to ease throughout the year.

He told the Financial Times : “It will get better every month throughout 2021.

“The pace of the improvement in the supply chain will gather throughout the course of the year, so by the time we get to the second half of (2021), you’re going to be seeing really decent numbers indeed.”

However, he warned there are “very few magic wands that can be waved” to resolve the stock problems.

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Supply chains have been complicated due to the coronavirus pandemic, he added.

Mr Ryan told GQ magazine the situation “will start to get better hopefully quite quickly” and the firm is “doing our best”.

Sony put a considerable amount of product into the UK market last week which will continue, he added.

He said: “All I can say is we’re working as hard as we possibly can.”

His remarks follow the announcement by Sony that a new PS5 virtual reality system is being developed.

The gaming giant says the new PS VR headset will offer the "ultimate entertainment experience, with dramatic leaps in performance and interactivity”.

Players will become "even more immersed in their game worlds", it added.

The gaming giant sold 4.5million PS5s at the end of December 2020.

The digital version costs £350, while the full-fat console with a disc tray is £450.

Resellers have made a fortune from flogging the consoles online.

  • Playstation
  • PS5 Sony Playstation 5 News

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