Friday, 24 March, 2023

Nintendo cuts Switch sales forecast, blames chip shortage

<p>Japan&#39;s Nintendo has cut its full-year &quot;Nintendo Switch&quot; sales forecast by 6%, stating chip shortage as the reason. The global chip shortage has affected electronics companies worldwide, with Nintendo also struggling to meet holiday demand for its Nintendo Switch due to disruption in production. Switch sales have also decreased by a third to 8.28M units, compared to the same period in the previous year. The company also revised its Switch sales target to 24M units.<br /> &nbsp;</p>