Nintendo CEO says no plans to launch new Switch model in 2020
Nintendo President Shuntaro Furukawa speaks at a information convention in Tokyo, Japan January 31, 2020. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) – Nintendo Co Ltd CEO Shuntaro Furukawa stated the gaming firm has no plans to launch a new Switch model this 12 months.
Nintendo launched a handheld-only model of its hit console in September, driving demand for the hit system by the year-end buying season.
There have been media studies the corporate is making ready an upgraded model of the Switch.
Nintendo’s shares had been buying and selling down four% on Friday morning, a day after the corporate upgraded its Switch gross sales forecast for the 12 months ending March to 19.5 million models – a quantity seen as conservative by many analysts.
Reporting by Sam Nussey; Editing by Muralikumar Anantharaman