Submitted by: kirkland on Monday November 06th, 2006 at 10:46 PM EST

Sony's Phil Harrison has admitted the company "overreached" with its decision to include Blu-ray, which forced PS3 delays and shortages.

When speaking about the shortages of blue diodes that forced Sony to delay the PS3 launch until March in Europe, Sony's Phil Harrison told Eurogamer in an interview:

"We have overreached in production of the Blu-Ray component - I can't deny that. But that's the price you pay for adopting brand new, leading-edge technologies that will be future proof. We will resolve those issues - we are already catching up.

The reason for the change was in reaction to a market trend, which is that much more displays are being sold with HDMI, earlier, than had been previously forecast. Not just Sony, but all the other TV manufacturers."

» Full story @ GWN