We've got news for you.

Register on Sunday Times at no cost to receive newsletters, read exclusive articles & more.
Register now

Chips are down for gaming console maker


Chips are down for gaming console maker

After a gaming boom brought on by Covid-19, Nintendo expects to sell 11% fewer devices

Sam Nussey

Japan’s Nintendo Co Ltd has forecast that annual Switch console sales to fall 11.5%, in what would be the first decline for the five-year-old device after riding a pandemic-induced boom in home gaming.

The Kyoto-based firm expects to sell 25.5 million units in the business year that started on April 1. That would compare with 28.8 million a year earlier after booking an 82% rise in operating profit at $5.9bn (about R83bn).

Announcing the figures, Nintendo president Shuntaro Furukawa also said a shortage of chips, which has affected electronics makers worldwide, was affecting production and adding to uncertainty...

This article is free to read if you register or sign in.

Sunday Times Daily

If you have already registered or subscribed, please sign in to continue.

Questions or problems?
Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Next Article

Previous Article