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Nintendo CEO says no new Switch model this year – Source Reuters Tech News

Nintendo President Shuntaro Furukawa speaks at a news conference in Tokyo, Japan January 31, 2020. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – Nintendo Co Ltd CEO Shuntaro Furukawa said on Friday the gaming company has no plans to launch a fresh Switch model this year, dampening rumors it will offer an upgraded version of the hit device.

Nintendo launched a handheld-only version of its console in September, driving demand for the Switch through the year-end shopping season.

The Kyoto-based company has long been rumored to be preparing an upgraded version of the hybrid home-portable Switch as it nears the end of its third year in the market.

The company’s shares were trading down nearly 5% in Tokyo, their lowest since early November. The benchmark index was up 1.4%.

Furukawa’s comments came a day after the company upgraded its Switch sales forecast for the year ending March to 19.5 million units from an earlier outlook of 18 million units, with the new number seen as conservative…

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Source Reuters Tech News

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