Sony has halted production of its PSVR2 headset to address a backlog of unsold units, raising concerns about the popularity of virtual reality devices. Sales of the $550 accessory for PlayStation 5 have been declining since its launch, resulting in a surplus of stock. Despite this, IDC predicts a potential recovery for the product category in the future, especially with the entry of Apple Inc. and Meta Platforms Inc.
Sony Group Corp. has paused production of its PSVR2 headset until it clears a backlog of unsold units , according to people familiar with its plans, adding to doubts about the appeal of virtual reality gadgets. Sales of the $550 wearable accessory to the PlayStation 5 have slowed progressively since its launch and stocks of the device are building up, according to the people, who asked not to be named as the information is not public.
Sony has produced well over 2 million units of the product launched in February of last year, the people said. PSVR2 shipments have declined every quarter since its debut, according to the IDC, which tracks deliveries to retailers rather than consumers.Still, IDC’s Francisco Jeronimo sees a recovery for the product category in coming years with the help of Apple Inc.’s entry.Alongside Meta Platforms Inc
Sony PSVR2 Headset Production Backlog Unsold Units Virtual Reality Gadgets Sales Declining Stock IDC Recovery Apple Inc. Meta Platforms Inc.
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