Major suppliers see profits tumble as platform holder reduces orders
Though it remains the daddy of the current console market, sales of Nintendo’s Wii are showing year-on-year declines across the board – and the company’s manufacturing partners are now feeling the full effect.
Nikkei reports, courtesy of Kotaku, that manufacturing pair Mitsumi and Hosiden are set to suffer a year-on-year profit drops of around 50 per cent or more as a result of Wii’s “declining fortunes”.
Cowen Group analyst Doug Creutz recently claimed that Nintendo’s console is approaching a period of rapid decline.
You can expect the news to cause a drastic increase in Wii HD stories in the coming weeks.
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