• Loading stock data...
Thursday September 19, 2024

Sony Seizes PC Gaming Market with New Brand

  • Sony will launch its new brand with three gaming headsets and two gaming monitors.
  • Th company projects to pocket $300 million from PC gaming titles in the coming fiscal year.
Sony

Sony is expanding its reach within the PC gaming market with the launch of Inzone, a new gaming hardware brand that will debut July 8. 

Inzone arrives after Sony announced in May that it projects to pocket $300 million from PC gaming titles in the coming fiscal year. The tech giant, which reported $80 million in PC net sales in FY2021, forecasts a significant jump thanks to its agreement in January to acquire Bungie — the original creator of “Halo” — in a deal valued at $3.6 billion

Sony will kick off Inzone with three gaming headsets retailing between $99 and $299, as well as two 27-inch gaming monitors, one in 4K. 

  • Inzone will allow Sony to further take advantage of the $41 billion PC games market.
  • It also puts Sony in direct competition with PC hardware giants Lenovo and Razer. 

The new venture will also help alleviate strain on Sony’s gaming business due to the semiconductor shortage plaguing the tech industry, which has hampered PlayStation 5 sales. 

Sony shipped 2 million PS5 consoles in fiscal Q4, bringing its total shipped to 19.3 million. In FY2021, Sony shipped a total of 11.5 million PS5 consoles, missing its target of 14.8 million. 

Self-Investment 

Sony is making an effort to invest in itself.

In May, the company said it will allocate roughly $300 million toward improving its existing software development and expanding its gaming business for the PlayStation 4 and PS5.

Linkedin
Copy Link
Link Copied
Link Copied

What to Read

MLS
Sponsored

MLS’ Chris Schlosser on Pioneering the Digital-First Sports League with AI

Sports Content Kings MLS’ Chris Schlosser on Pioneering the Digital-First Sports League…

Former Donda Academy Basketball Players Join New Teams

Several top high school tournaments have dropped Ye's team from their schedules.
exclusive

DraftKings Reports $502M in Revenue, Projects Heavy Losses

DraftKings is still on the road to profitability.
Liberty-Media

F1, Braves Power Liberty Media's Q3

Liberty Media reported revenue increases across F1, Braves Group, and SiriusXM.

Featured Today

Commanders Sale Could Hit $7B, Durant Wants In

A Washington Commanders sale could be wrapped up by the spring.
November 6, 2022

How the Astros Won the World Series Without Breaking the Bank

The Astros won the World Series with underpriced talent.
November 5, 2022

ESPN College GameDay Means More to Schools Than a Saturday Morning Spotlight

Schools reap ‘immeasurable’ benefits when the ESPN bus rolls into town.
kyrie-irving-nike
November 4, 2022

Nike Suspends Relationship With Kyrie Irving Over Antisemitism

After several days of silence, the brand has dropped Irving.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world with Jobbio.
Sr. Account Manager
Miami Heat
Miami, FL
Director of Ads
Nike
Portland, OR – Hybrid
Sports Journalist
CBS Sports
New York City, NY

How Esports’ Biggest Juggernaut Created Its Own Mainstream

League of Legends has a festival atmosphere and the most coveted demographic.
EA-Sports-Madden-23-Gameplay
November 1, 2022

‘Madden NFL’ Publisher Misses Mark in Second Quarter

Electronic Arts has lowered its full-year net bookings forecast.
Sony-Playstation-Demo-Booth
November 1, 2022

Sony’s Gaming Unit Takes 49% Drop in Profit

Sony allocated a lot of money toward development and acquisitions in Q2.
October 27, 2022

Microsoft CEO: Gaming ‘Resilient’ During Economic Uncertainty

Video games have become a bright spot for Microsoft.
gaming
October 2, 2022

Saudi Arabia Plans $37.8B Gaming Investment

Saudi Arabia is planning to become a leader in the gaming world.
Electronic-Arts
August 26, 2022

Reports of Amazon's Takeover of EA Refuted

Amazon was reportedly expected to make an offer for EA.
August 17, 2022

EA Sports to Honor Mistaken 6-Cent Pre-Purchases of FIFA 23

EA was offering the game for cheap on India's Epic Games Store.
Netflix
August 9, 2022

Netflix Makes Gaming Play to Keep Subscribers

Netflix plans to have 50 gaming titles by year's end. Less than 1% of the company's subscribers engage with its games on a daily basis.