Thursday, May 8, 2014

Nintendo to sell emerging market console from as early as next year

Man rides an escalator past Nintendo Co advertisements at an electronics retail store in Tokyo By Sophie Knight and Reiji Murai TOKYO (Reuters) - Nintendo Co Ltd plans to introduce a new gaming system for emerging markets such as China as early as next year, as the company hunts for fresh opportunities after the flop of its Wii U console. Weak Wii U sales left Nintendo booking a loss for the third straight year and intensified the clamor from investors for a change in tack as new consoles from rivals Sony Corp and Microsoft Corp reap market share. Nintendo has dismissed calls to take advantage of a boom in games for smartphones. Instead, the company is developing hardware and games for consumers with lower incomes and less gaming experience than those in developed markets, Chief Executive Satoru Iwata told Reuters in an interview on Thursday.








via Gaming News Headlines - Yahoo! News http://ift.tt/1iuahi1

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