China lockdowns: Japanese gaming giant Nintendo expects 10% less sales

Beijing, May 1 (IANS): Hit by a shortage of semiconductors amid the ongoing lockdown in Shanghai, Japanese gaming giant Nintendo is reportedly eyeing 10% lower sales in the current financial year.

According to Nikkei Times, Nintendo only expects to sell around 20 million Switch game consoles, down 10% from fiscal 2021.

The slow growth will come despite strong demand as a shortage of semiconductors and disruptions to logistics networks hamper production, the report said on Saturday.

Shanghai’s lockdown has hampered the production lines of several tech, chip and game companies.

In February, the Nintendo Switch outsold the Microsoft Xbox Series X and Sony PlayStation 5 in unit and dollar sales.

So far in 2022, the Switch has sold the most units, according to reports.

The Switch, a now five-year-old console, has become a little easier to find in stores and online despite Nintendo cutting production by 20% until March 2022.

Nintendo’s latest software update includes a feature to group games together on users’ home screen.

Users can create up to 100 groups of up to 200 titles each, so they can sort everything however they want, even if they’ve amassed the entire collection over the years.

In addition to groups, the latest software update will also allow a Bluetooth device’s volume to be adjusted on the device itself, as long as it supports AVRCP profiles.

Additionally, Nintendo has increased the maximum volume for some Bluetooth devices.

Meanwhile, key companies have resumed 80-90% of production in Shanghai, which is under Covid lockdown.

China has established a “whitelist” approach to support the resumption of work of key companies and minimize the impact of Covid-19 on the supply chain, according to reports.

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