Advertisement
Singapore markets close in 6 hours 34 minutes
  • Straits Times Index

    3,295.65
    +22.93 (+0.70%)
     
  • Nikkei

    38,302.96
    +750.80 (+2.00%)
     
  • Hang Seng

    17,050.13
    +221.20 (+1.31%)
     
  • FTSE 100

    8,044.81
    +20.94 (+0.26%)
     
  • Bitcoin USD

    66,614.27
    -234.41 (-0.35%)
     
  • CMC Crypto 200

    1,435.44
    +20.68 (+1.46%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • Dow

    38,503.69
    +263.71 (+0.69%)
     
  • Nasdaq

    15,696.64
    +245.33 (+1.59%)
     
  • Gold

    2,333.30
    -8.80 (-0.38%)
     
  • Crude Oil

    83.36
    0.00 (0.00%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • FTSE Bursa Malaysia

    1,565.46
    +3.82 (+0.24%)
     
  • Jakarta Composite Index

    7,150.85
    +40.03 (+0.56%)
     
  • PSE Index

    6,580.68
    +73.88 (+1.13%)
     

Nintendo to stop production of Wii U videogames - Nikkei report

A woman walks past an advertisement board of Nintendo Co Ltd's Wii U game console at an electronics retail store in Tokyo, Japan, February 2, 2016. REUTERS/Yuya Shino

(Reuters) - Japanese videogame maker Nintendo Co Ltd will stop production of the Wii U video game console as early as this year after stagnant sales, Nikkei reported on Tuesday.

A few components of the device have already been stopped and parts inventory will dry up this year, according to Nikkei.

Nintendo's Wii U console has lagged behind Sony Corp's PlayStation and Microsoft Corp's Xbox, while the rise of smartphone games has won over many gamers.

Nintendo could not immediately be reached for comment.

(Reporting by Vishal Sridhar in Bengaluru; Editing by Bill Rigby)