Despite bottlenecks in producing the console's blue laser component, Chubachi insisted the target was achievable. Sony is also on track to ship 6 million PS3s by March, as well as meet its European launch date next year.

The PS3 sold out in Japan and the U.S., following its November launch but lack of availability meant that Sony lost sales momentum to Nintendo's Wii console, which moved 476,000 units in the U.S. in November, compared with PS3's 197,000.

Meanwhile, Nintendo still plans to ship 4 million Wii consoles by the end of the year, twice the number of PS3s promised by Chubachi.

Microsoft, whose Xbox has been on the market for nearly a year, is on track to ship 10 million Xbox 360 consoles by the end of December.

© Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

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