Report: Plans to boost Wii production delayed
DigiTimes reports that component shortages are keeping Nintendo from ramping up supply of latest console until 2008.
Roughly nine months after Nintendo first released the Wii, the console is still regularly sold out both online and at brick-and-mortar stores. Back in May, Nintendo CEO and president Satoru Iwata apologized for the shortages, blaming them on production bottlenecks. Later that month, Lazard Capital Markets analyst Colin Sebastian told investors the company might not be able to address its supply problem until 2008.
An article from Taiwan IT site DigiTimes today lends credence to Sebastian's analysis, reporting that tight supplies of some components have pushed back the manufacturers plans to expand Wii production. The article cites unnamed Taiwan-based component makers as saying that supplies of the console are likely to remain tight until next year.
"Nintendo has no revisions to announce to its most recent shipment forecasts at this time," a Nintendo representative told GameSpot.
In April, the company projected that it would sell 14 million Wii systems for the fiscal year that began April 1, 2007.
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