The Chief Executive Officer of Nintendo Co. Ltd, Shuntaro Furukawa has stated that the gaming company has no plans to launch a new version of its wildly popular Switch gaming device in 2020.
The Japanese company launched a handheld-only version of its console in September last year, driving significant demand for the Switch through the Christmas and post-Christmas sales period.
Nintendo had been strongly rumoured to be preparing an upgraded version of the hybrid home-portable Switch as it nears the end of its third year in anenormously competitive market. The original system came out in early 2017.
“According to the conventional wisdom for dedicated video game platforms, Nintendo Switch should be entering the midway phase of the hardware lifecycle,” Mr Furukawa said during a management policy briefing.
“We believe we have built a foundation on which we can pursue further growth opportunities for Nintendo Switch”.
The CEO’s comments came just a day after the company upgraded its sales forecast for the device to 19.5 million units from an earlier outlook of 18 million units, with the new number viewed as relatively conservative by analysts.
Nintendo has managed total Switch sales of more than 52 million units.