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PS5 "on track for launch this Holiday season", promises Sony

(Image credit: Sony)

Sony has confirmed PS5 (opens in new tab) remains "on track" for a Holiday 2020 launch in it's end of year financial report.

That's in spite of the impact to manufacturing pipelines and the global market caused by the COVID-19 virus, as well as lockdown measures implemented across the world to stem its spread. 

In a newly published report on its latest set of financial results (opens in new tab), Sony stated that the "PlayStation 5 [is] on track for launch in this holiday season", with "no major issues in game software development" either.

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(Image credit: Sony PlayStation)

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"Although factors such as employees working from home and restrictions on international travel have presented some challenges in regards to part of the testing process and the qualification of production lines," explains the report, "development is progressing with the launch of the console scheduled for the 2020 holiday season."

“At this point in time major problems have not arisen in the game software development pipeline for Sony’s own first-party studios or its partners’ studios.”

Rumour has it that Sony intends to release new information (opens in new tab) about the PS5 in a special online event next month, when The Last of Us 2 (opens in new tab) is also expected to launch as a PS4 exclusive before Ghost of Tsushima (opens in new tab) soon follows after in July. All told, it's set to be a big year for the PlayStation Nation, despite everything 2020 is throwing at us. On top of that, this Thursday will also see Sony release a new State of Play for Ghost of Tsushima, with 18 minutes of gameplay footage promised

For more, check out more upcoming PS4 games (opens in new tab) for 2020 and beyond, or watch our next gen episode of Dialogue Options below. 

I'm GamesRadar's Features Writer, which makes me responsible for gracing the internet with as many of my words as possible, including reviews, previews, interviews, and more. Lucky internet!