Nintendo looks to replace components as chip shortages affect hardware development

The global chip shortage is getting worse every day with its impact not only on leading industries but also on consumers, delays are getting longer and sales are on the slopes. In this regard, the Japanese gaming giant Nintendo revealed that the global shortage of chips, which has already forced the company to reduce its expected sales of the much-loved Switch, is also hampering hardware development. Read also – Nintendo Advance Wars 1+2: Reboots delayed until Spring 2022: Here’s why

Nintendo CEO Ko Shiota said the semiconductor situation has some impact on hardware development, GizmoChina reports. Read also – Grand Theft Auto: The Trilogy – Final Edition Trailer Released: Here’s The First Look

“We are looking at replacing components and modifying designs to try to reduce the impact,” Shiota said. Read also – Cricket 22 release set for November 25th: Rs 3,999, pre-orders live now

The lack of chips has affected many technology-dependent industries around the world including automobiles and consumer electronics, including smartphones, laptops, game consoles, televisions, home appliances and more. In a statement given to CNBC Last month, Intel CEO Pat Gelsinger speculated that the global chip shortage is likely to persist for much longer.

He said he expects the shortage to extend at least until 2023. The announcement comes a day after company president Shuntaro Furukawa said the chip shortage shows no sign of easing, and has forced the company to cut its annual sales forecast for the Nintendo Switch by 6 percent.

Furukawa also revealed that the company is struggling to meet increased demand in the year-end shopping season as chip shortages are causing production to be halted. The gaming giant relies heavily on its console business, while wealthy competitors like Microsoft are expanding subscription and cloud gaming services.

Nintendo further stated that it “plans to continue expanding its business around the core concept of creating unique, integrated hardware software products.”

(with IANS . input)

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