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Nintendo scaling back Wii production

Posted on Saturday, December 05 2009 @ 01:20:43 CET by


Kotaku reports Nintendo is cutting back production of its Wii consoles. This is quite a contrast to previous years, when Nintendo was struggling to keep up with the high demand for its console.
The report says that two Japanese companies - Mitsumi and Hosiden - are facing massive losses in revenue this year due to the "declining fortunes" of the Wii and a "drop-off in orders from Nintendo to assemble game systems".

Both companies are now staring at a drop in net profits of more than 50%.




 



 

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