The global chip shortage is getting worse every day which is affecting not only the leading industries but also the consumers and the delays are getting longer and sales are going down. In this regard, Japanese gaming giant Nintendo has revealed that the global chip shortage, which has already forced the company to reduce its expected sales for multi-popular switch devices, is also hampering hardware development.
Nintendo executive co Shiota says the semiconductor situation is having some impact on hardware development, reports GizmoChina.
“We’re looking at tweaking replacement components and designs to minimize impact,” Shiota said.
The shortage of chips has affected various technology-dependent industries around the world, including automobiles, consumer electronics, smartphones, laptops, gaming consoles, televisions, home appliances and more. In a statement CNBC Last month, Intel CEO Pat Gelsinger estimated that the global chip deficit would probably last much longer.
He said he expects the deficit to widen at least by 2023. The announcement comes a day after company president Shuntaro Furukawa said the chip deficit showed no signs of abating and forced the company to reduce its annual sales. Nintendo switches forecast by 6 percent.
Furukawa further revealed that the company is struggling to meet the increased demand during the year-end holiday shopping season as chip shortages disrupt production. The gaming giant relies heavily on its console business, although it is expanding deep-pocket rival subscriptions and cloud gaming services like Microsoft.
Nintendo added that it “plans to continue expanding its business around the core concept of creating unique integrated hardware-software products.”
(With IANS input)
The post seeks to replace Nintendo components as chip shortages are hitting hardware development in the first BGR in India.