{"id":45877,"date":"2018-10-09T13:05:30","date_gmt":"2018-10-09T08:05:30","guid":{"rendered":"https:\/\/www.thenerdmag.com\/?p=45877"},"modified":"2019-12-27T06:48:10","modified_gmt":"2019-12-27T01:48:10","slug":"sony-president-and-ceo-kenichiro-yoshida-hints-at-playstation-5","status":"publish","type":"post","link":"https:\/\/thenerdmag.com\/sony-president-and-ceo-kenichiro-yoshida-hints-at-playstation-5\/","title":{"rendered":"Sony President and CEO Kenichiro Yoshida Hints at PlayStation 5"},"content":{"rendered":"

In a recent interview with Financial Times, Sony president and CEO, Kenichiro Yoshida, insinuated that “Next Gen” hardware is the need of the hour for Sony. Yoshida, without naming the “next-gen hardware” PlayStation 5 said that “At this point, what I can say is it\u2019s necessary to have a next-generation hardware”. Yoshida’s response came in after he was asked about the spectacular rise of the $70bn global smartphone gaming market.<\/p>\n

In the past few years, we have seen the enormous evolution of mobile gaming. Thanks to the evolving capabilities of the modern day smartphone, the mobile gaming landscape\u00a0has changed significantly and can even be argued that Smartphone gaming is a direct competitor of console gaming. Although most of the popular games are free of cost on smartphones such as PUBG and Fortnite, the immense revenue these games bring in terms of micro-transactions and advertisements cannot be overlooked.<\/p>\n

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