The novel coronavirus pandemic is disrupting supply chains and consumer spending worldwide, and many companies are postponing new product launches until the crisis ends. Those headwinds could impact Sony (NYSE: SNE) and Microsoft (NASDAQ: MSFT) ahead of their planned gaming console launches in late 2020. It's unclear how long the crisis will last, but several factors suggest that Sony's PS5 and Microsoft's Xbox Series X could face significant delays.
Taiwanese contract manufacturer Foxconn (OTC: FXCNF) assembled a large portion of Sony and Microsoft's previous consoles in China, and will likely manufacture the PS5 and Xbox Series X. Foxconn has gradually reopened its plants, but it still needs to work through a lot of orders -- including Apple's iPhones -- to get back on track.
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