TOKYO— Sony Corp. SNE -1.48% said it would release its next-generation videogame console, called the PlayStation 5, in time for the year-end shopping season in 2020, setting the stage for a test of the company’s most-profitable business.
The company declined to give a price for the console.
Sony officials had hinted that the PlayStation 5 would be coming next year but hadn’t given specifics. Rival Microsoft Corp. has already said it would release the next-generation Xbox game machine, code-named Project Scarlett, by the end of 2020.
The PlayStation 5 will feature beefed-up graphics including ray-tracing, a data-heavy technology to realistically simulate how light shines and reflects off objects in a fast-moving scene, Sony said. It will also have a component that allows fast boot-up of games and controllers that will have a more advanced form of rumbling feedback.
“You truly feel a broader range of feedback, so crashing into a wall in a race car feels much different than making a tackle on the football field,” wrote Sony PlayStation chief Jim Ryan in a blog post.
Anchored by the PlayStation 4 machine, Sony’s game and network services unit accounted for more than $20 billion in revenue and nearly $3 billion in operating profit for Sony in its most recent fiscal year, making it the technology and entertainment conglomerate’s biggest unit by both measures.
Write to Takashi Mochizuki at [email protected]
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