SONY HALTS PLAYSTATION VR2 PRODUCTION TO CLEAR STOCK

Sony has reportedly halted the production of the PlayStation VR2 in order to manage an oversupply of the device. Despite initially producing over two million units, sales have dramatically slowed since its February 2023 release. Issues such as the lack of first-party games and the closure of Sony's VR-focused London studio have contributed to the device's diminishing market performance. In comparison, competing headsets like the Meta Quest 2 and 3 have seen better sales figures. Sony is exploring compatibility with PC to potentially broaden the PSVR2's game library and appeal. The current situation presents a challenge for Sony as they navigate the market with the PSVR2's underwhelming performance and the holiday season disappointment.

Sony is testing PC compatibility for the PSVR2 to provide access to an expanded range of VR games available on PC, potentially enhancing the headset's attractiveness to consumers.

The PlayStation VR2 (PSVR2) was announced as the next step in Sony's commitment to virtual reality, coming as a successor to the original PlayStation VR. It promised more advanced features, a better display, and enhanced tracking capabilities. With Sony’s efforts in pushing VR gaming forward, the expectation was to see strong support from their first-party studios, which historically have been a selling point for PlayStation hardware. The device's struggles reflect the challenges in the VR industry and raise questions about the future of Sony's investment in VR technology.