Sony CEO says next-gen PlayStation hardware is ‘necessary’

As if there were any doubt given the barnstorming success of the PS4, Sony president and CEO Kenichiro Yoshida has confirmed plans for a successor. “At this point, what I can say is it’s necessary to have a [sic] next-generation hardware,” Yoshida tells the Financial Times, while declining to confirm the name “PlayStation 5.”

The FT didn’t report any further details, but placed Yoshida’s comment in the context of “mounting debate over how Sony should address the spectacular rise of the $70bn global smartphone gaming market.” Similar concerns were raised around the launch of the PS4, of course, and that machine went on to outperform expectations. More recently the Nintendo Switch, too, has proven that there’s still a strong market for…

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