It has been over a year since the Xbox Series X and Playstation 5 were launched. You would think by now you would be able to get your hands on a console. Yet over a year later stock is still low and if you want to find a console you may have to pay over retail to a scalper.
In this article we are going to jump into where the consoles are manufactured and why stock is so low.
Where Is The Xbox Series X Manufactured?
The Xbox Series X is currently manufactured in China. The main manufacturers for the Series X|S is Flextronics and Foxconn. These manufacturers have facilities all around the world but most Xbox’s are currently manufactured in China. If you check your console it will likely say “Made In China” on the label.
As of December 31, 2021 there has been an estimated 12 Million units shipped.
Where is The Playstation 5 Manufactured?
While Sony is a Japanese company and the old Playstations were all manufactured in Japan that is no longer the case. While some Playstation 5s are still manufactured in Japan there is a lot of them manufactured in China. The consoles are manufactured directly by Sony as well as some help from Foxconn. You can check the label on your console to find out where your console comes from.
As of September 30, 2021 there has been an estimated 13.4 Million consoles shipped.
Why Are Xbox Series X & Playstation 5 Out Of Stock?
There are numerous reasons that may cause you trouble finding one of these consoles. We have outlined them below.
These consoles launched during COVID, which greatly restricted manufacturing in the lead up to launch. With factories all around China being shut down it caused major delays and a major shortage of stock for the launch of the console.
While COVID hurt the supply chains there is also the problem of the chip shortage. You may have noticed the price of everything from Graphics cards to Cars going up in price. This is due to a lack of these little chips in the electronics industry. The chip shortage is expected to continue to cause problems for years to come.
Where there is a shortage of supply and high demand, scalpers enter the market. Scalpers buy up Playstation and Xbox stock at retail prices and sell them at an above market rate.
At the height of the market some of these scalpers were selling console at 2x the retail price and making crazy money doing it. These scalpers use bots to find and buy up stock before real retail buyers can get their hands on them. Retail buyers are then forced to wait or pay a higher price on the secondary market.
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When Will There Be Supply?
The chip shortage is not slowing down which is still a huge bottle neck for console manufactures. This combined with there still being huge demand for the console means that getting your hands on one over the next year will still prove difficult.
We are starting to say more stock become available. Coming up to Christmas at the end of 2021, we seen some Playstation sitting on shelves for days rather than the usual minutes or hours. If you want to get your hands on one keep an eye on the most popular retailers in your area and you should get your hands on a console.
Buy A Playstation 5 or Xbox Series X
Now you know where these next generation consoles are manufactured and why you can’t get your hands on one. Keep your eyes peeled and you should be able to grab a console in the coming weeks or months.
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