Nintendo Switch sales fall in Japan
New figures have confirmed that sales of the Nintendo Switch have fallen in Japan.
Nintendo Switch sales have fallen in Japan.
The console has been a huge success since its launch in 2017 - but supply chain disruptions saw sales of the Switch fall by 33 percent between April and June, according to a new report from Nikkei.
During the latest quarter, Switch unit sales totalled around 840,000, with a shortage of chip materials being cited as the reason behind the recent slump.
Nintendo - which is one of the world's largest gaming companies - is said to be struggling to acquire parts for Bluetooth wireless communications components, too.
And while negotiations are underway to resolve the issues, a spokesperson for the company has admitted that the "outlook is uncertain".
Meanwhile, Saudi Arabia's Public Investment Fund recently acquired a five percent stake in Nintendo.
In recent years, the Public Investment Fund has spent billions acquiring stakes in various video game companies, including Capcom, EA, Activision, and Take-Two.
And in a filing made with Japan's Finance Ministry, it was recently confirmed that the investment vehicle for the Saudi state has bought a 5.01 percent in Nintendo.
The move means that the Public Investment Fund is now the fifth-largest shareholder of Nintendo.
