Microsoft and Sony may be developing their new line of next-gen consoles, according to BGR.
BGR reports (via Yahoo!) Senior Vice President and Chief Financial Office of AMD Devinder Kumar made the claims about the next-gen console development on Tuesday at a Bank of America Merrill Lynch Global Technology Conference.
Kumar was asked about his opinions on the game console market and sales, in which he claims people should expect the next-generation Xbox or PlayStation 5 to hit stores a lot faster than previous consoles.
"The life cycle of the products are probably going to be shorter," Kumar said. "Our customers are already thinking about what comes next. These are long life cycle products and as you know in the semi-custom space, you start with - three years before you introduce a product, a decision is made to use a particular company. In this case it was AMD. And then you go ahead and co-develop the product with the funding dollars frankly, mostly coming from our customers. And then when you introduce the product, there is really no expenses from R&D standpoint, no sales and marketing dollars and whatever dollars you generate from a gross margin dollar standpoint, falls to the bottom-line and that's what excites us."
"It's not just, continuing just with the game console in the next generation, what do you do, but the aperture, I guess is increasing. And the engagement with the customers is very active across many different areas," Kumar later added.
Kumar's speculation comes on the heels of the commencement of the E3 2014 conference, where gaming studios and tech companies are expected to unveil their latest developments.
Do you think Microsoft, Sony and other tech companies are developing their next next-gen consoles? Leave us a comment about the topic below.
