"Nintendo is slashing Switch 2 production by 33% this quarter, cutting output from 6 million units to 4 million in response to weakening demand in the U.S."
"The Switch 2 had the fastest-selling console launch in Nintendo's history, moving 3.5 million units in its first four days last June."
"Nintendo president Shuntaro Furukawa stated that 'overseas sales were somewhat weaker than expected.'"
"The company is also dealing with rising memory prices that are increasing production costs, and it's considering whether to raise console prices."
Nintendo is cutting Switch 2 production from 6 million to 4 million units this quarter in response to declining demand in the U.S. Despite the console's record launch, overseas sales have not met expectations. Production cuts are expected to last through April, but Nintendo aims to sell 19 million units by the end of March. Rising memory prices are also impacting production costs, leading the company to consider potential price increases for the console.
Read at Entrepreneur
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