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WiiU

Wii U Manufacturing Will Not Delay Launch

by Karlie Yeung - June 15, 2011, 1:03 pm EDT
Total comments: 10 Source: E3 2011 Investor's Q&A, http://www.nintendo.co.jp/ir/en/library/events/110...

Nintendo remain confident about their manufacture and launch estimates.

Nintendo's global president, Satoru Iwata, is confident that there will be no significant manufacturing issues that will affect their business, and they are confident in their estimates for the launch timeline. 

He gave the example of a boom in smartphones affecting LCD production as something that was not a worry. LCD supply was said to have caused shortages during the early days of the Nintendo DS Lite. They were ready to show the Wii U at E3 this year as based on their estimates, it will be ready for launch in 2012.

On another note regarding manufacture, the strength of the yen has meant that Nintendo are shifting to paying for goods manufacturing costs in U.S. dollars to mitigate the impact. An appreciating yen means that the U.S. market becomes less profitable, and they are taking measures to make payments in U.S. dollars as much as possible to remain competitive in the largest market for games in the world.

Talkback

nhainesJune 15, 2011

Is "Global President" a new title?  Does anyone have further information about this?

BlackNMild2k1June 15, 2011

So is October 2011 still being thrown around as a manufacturing start date?
or did it seem more like manufacturing would start in 2012?

Iwata was President and CEO previously. When the Nintendo Bios of everyone were put up for media during E3, that's when we first noticed the "Global President" title, though we can't be sure that's exactly when it changed.

Nintendo has many presidents, except in Australia. Iwata is the One Ring of Nintendo executives.

MataataJune 15, 2011

I hate how the term "competitive" actually means "expensive" in the gaming world.  :sigh:

Chozo GhostJune 15, 2011

Quote from: nhaines

Is "Global President" a new title?  Does anyone have further information about this?

It means he outranks Obama and every other president in the world.

MataataJune 15, 2011

Quote from: Chozo

Quote from: nhaines

Is "Global President" a new title?  Does anyone have further information about this?

It means he outranks Obama and every other president in the world.

This.

Shifting costs to American dollars... maybe it should be called Wii USA?

UltimatePartyBearJune 16, 2011

I thought Nintendo always did all their bookkeeping in US dollars.  Or did that change in the last year?

Most of their cash is in US dollars, which is why they've been losing money.

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