The PlayStation maker said an end to Covid restrictions, a shortage of appealing new titles and supply chain snarls will hit revenues

The Inzone line, developed by a unit outside Sony's main gaming business, aims to leverage Sony's audio and display technology,

While Sony will develop the software and entertainment content available in the car, Honda will provide the hardware and safety features for the vehicle, the report said

The PS5, launched in November 2020, undersold its predecessor in its second year due to component shortages which have roiled the electronics industry

Sony's game, music and movie units contributed two-thirds of operating income in the year ended March, underscoring the group's transformation from consumer electronics maker into a metaverse-ready entertainment juggernaut

Strong game sales helped Sony more than double fourth-quarter operating profit as it encourages online game downloads and sign-ups for subscription services

Sony Interactive Entertainment will acquire Bungie, the creator of 'Halo' videogame and developer of 'Destiny,' in $3.6bn deal, the latest in a wave of consolidations in the gaming sector