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TOKYO (Reuters) – Japan’s Nintendo Co Ltd said on Friday that a global chip shortage which forced the firm to scale back expectations for sales of its hit Switch device is also hitting hardware development.
“The semiconductor situation is having some effect on hardware development,” Nintendo executive Ko Shiota, who heads the development team, told an analyst briefing.
“We are looking at substituting components and tweaking designs to try and reduce the impact,” he added.
(Reporting by Sam Nussey; Editing by Jacqueline Wong)
Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.