Nintendo CEO says no plans to launch new Swap mannequin in 2020

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Nintendo President Shuntaro Furukawa speaks at a information convention in Tokyo, Japan January 31, 2020. Information/Kim Kyung-Hoon

TOKYO (Information) – Nintendo Co Ltd CEO Shuntaro Furukawa mentioned the gaming firm has no plans to launch a brand new Swap mannequin this 12 months.

Nintendo launched a handheld-only model of its hit console in September, driving demand for the hit machine by means of the year-end procuring season.

There have been media stories the corporate is making ready an upgraded model of the Swap.

Nintendo’s shares have been buying and selling down four% on Friday morning, a day after the corporate upgraded its Swap gross sales forecast for the 12 months ending March to 19.5 million items – a quantity seen as conservative by many analysts.

Reporting by Sam Nussey; Enhancing by Muralikumar Anantharaman