Electronics firm says it expects PS5 Pro and new Xbox Series consoles by 2024
Chinese electronics company TCL has said it expects PlayStation 5 Pro and new Xbox Series X/S consoles to launch in 2023 or 2024.
The company, which reportedly ranked second in the global TV market in terms of sales volume in 2019, revealed its forecast for the console industry on Wednesday during a presentation attended by Polish site PPE.pl.
During the press event, which was used to showcase TCL’s latest TVs, a company representative said they expect “Gen 9.5” to arrive by 2024.
The manufacturer suggested the unannounced consoles will provide gameplay in 60-120 frames per second at a resolution of 2160p and offer the ability to play in 8K.
It also said it expects PS5 Pro and the new Xbox Series X/S consoles to come with an equivalent to the upcoming AMD Radeon RX 7700 XT GPU.
Given the platform holders’ current inability to meet demand for PS5 and Xbox Series X due to the global chip shortage, TCL’s forecast for a mid-gen hardware refresh by 2024 might appear optimistic, unless perhaps redesigned consoles offer a manufacturing advantage.
Piers Harding-Rolls of Ampere Analysis told VGC he believed the timing was realistic, but that the low availability of current PS5 consoles could push it back.
“I don’t expect this to be based on any specific concrete product knowledge, but is a sensible estimate of when an updated PS5 might be expected to come to market (3+ years after launch),” the analyst said.
“However, the low availability of PS5 and therefore slower than anticipated adoption of the console is likely to impact these timelines. As such, I think it’d be more likely for a mid-cycle upgrade to come late 2024 at the earliest.”
Sony CFO Hiroki Totoki said last year that the company was considering various solutions to help it
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