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How Intel lost the Sony PlayStation business

undefined 17, 2024

How Intel lost the Sony PlayStation business (5 min)

Source: reuters

Intel lost a bid to design and manufacture Sony's PlayStation 6 chip to AMD, missing out on a potential $30 billion deal. The contract would have been significant for Intel’s contract manufacturing business, which has struggled to attract major clients. Compatibility with PlayStation 5 and profit-sharing disputes were factors in Intel’s loss. Sony consoles usually sell over 100 million units, providing steady business. Intel, facing challenges and losses, sees this as a setback in its turnaround plan.

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