Not enough chips.
The Xbox Series S has been somewhat controversial since its reveal and release in 2020. A lower-spec next-gen console was seen by some as a way of holding the generation back, essentially limiting what could be extracted from Xbox Series X and PS5. A global chip shortage shows it was the right move after all.
Earlier today, January 12th, Bloomberg reported that Sony is set to continue PS4 console production through 2022. The report claims that the main reasons for this, are PS5 supply shortages, and to offer fans a lower-cost option.
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