Nintendo scaling back Wii production

Posted on Saturday, December 05 2009 @ 1:20 CET by Thomas De Maesschalck
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%.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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