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Nintendo to develop smartphone games and new next-gen console

by on March 17, 2015
 

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Nintendo just made two big announcements this morning during an investor’s call – namely that the company will finally step into the smartphone game business and that a new next-gen console is already in the concept stage.

Nintendo President Satoru Iwata revealed that the company has entered into a partnership with mobile game developer DeNa to develop and operate the smartphone games that will be based on Nintendo’s IPs, while Iwata also confirmed that these games would be original titles and not ports.

As part of the mobile game development, Nintendo and DeNa are also planning “to develop an online membership service that is accessible from smart devices, PC and Nintendo systems, such as the Nintendo 3DS portable system and the Wii U home console.”

The new venture which is being referred to as a business and capital alliance, will see Nintendo acquire 15,081,000 of DeNA’s treasury shares (10% stock), while DeNa will also acquire 1,759,400 of Nintendo’s treasury shares (1.24% stock).

Iwata, according to IGN, also mentioned during a media event that Nintendo is now developing a new “dedicated gaming system” that is being dubbed “NX.”

“As proof that Nintendo maintains strong enthusiasm for the dedicated game system business, let me confirm that Nintendo is currently developing a dedicated game platform with a brand-new concept under the development codename ‘NX,'” he said. “It is too early to elaborate on the details of this project, but we hope to share more information with you next year.”

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