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Nintendo Co. has announced a new Switch gaming device for release Oct. 8, a long-awaited ¥37,980 ($350) gadget that will succeed its popular console and likely catalyze a wave of new software and holiday season sales.

The new device marks the first hardware upgrade to the console originally released in 2017 for ¥29,980. It features a vibrant 7-inch OLED screen, a wide adjustable stand, a dock with a wired LAN port, 64 gigabytes of internal storage and enhanced audio, according to a statement from the company Tuesday.

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