Part 11/13:
In the midst of this tumultuous market behavior, a brighter note emerged from Asia’s tech landscape as Japanese company Nintendo announced the upcoming release of its anticipated Switch 2 console. This new console, set to launch on June 5 at a price of $449, signifies a commitment to innovation and legacy for Nintendo.
Despite the promising outlook for this product, Nintendo also reported a delay in US pre-orders ahead of its release due to potential tariff impacts. The tariffs, which may impose substantial costs on electronics, are a critical consideration for the gaming industry, which comprises an integral part of Nintendo’s revenue stream.