Nintendo shares surge as China lifts console ban

Business / Corporate Jan 10, 2014

Nintendo shares surge as China lifts console ban

Nintendo Co., the maker of Wii U game consoles, is riding high in Tokyo trading after China lifted a 13-year ban on gaming machines this week. Nintendo shares rose 4.28 percent Friday to close at ¥16,080. China's ruling State Council temporarily suspended the ban and ...

SoftBank taps lucrative game market

Business / Corporate Nov 5, 2013

SoftBank taps lucrative game market

Supercell Oy started the year trying to break into the Japanese smartphone game market. By October, it had struck a deal with the nation's second-richest man that valued the maker of "Clash of Clans" at $3 billion. The Finnish game-maker is seeking a bigger slice ...

Former Nintendo President Yamauchi dies at 85

Business / Corporate Sep 19, 2013

Former Nintendo President Yamauchi dies at 85

Hiroshi Yamauchi, who ran Nintendo Co. for more than 50 years and led the company's transition from traditional playing card maker to video game giant, died Thursday. He was 85. Kyoto-based Nintendo said Yamauchi, who was also known for owning the ...

Business / Corporate Aug 29, 2013

Nintendo to sell cheaper 3DS in U.S. and Europe

Nintendo Co. said Thursday it will launch a cheaper version of its 3DS portable game console Oct. 12 in the United States and Europe to shore up sales in the company's major markets. The new device, called the Nintendo 2DS, will only be capable of ...

Nintendo brought arcade games into homes 30 years ago

Reference | FYI Jul 15, 2013

Nintendo brought arcade games into homes 30 years ago

by Jun Hongo

On July 15, 1983, Kyoto-based Nintendo Co. launched the Family Computer video game console, or "Famicom." Priced at ¥14,800, more than 63 million units of the iconic white, red and gold machine were sold worldwide, laying the foundations for today's gaming industry. Here are some ...