Nintendo May Move Production Out Of China Amid US-China Trade Dispute

Nintendo NTDOY is shifting some of its production out of China to avoid potential U.S. tariffs, according to The Wall Street Journal.

Nintendo has also begun producing two new variants of its Switch console, and some of them are being manufactured outside of China in order to avoid tariffs.

In March, the Wall Street Journal reported Nintendo planned to update the Switch this year with two new models.

Nintendo shares were trading down 1.8% at $43.46 in Wednesday's pre-market session.

Related Links:

MKM Positive On Video Gaming Industry, But 'Same-Old' Games Not Good Enough Anymore

Microsoft's Project Scarlett, EA Updates To 'Apex Legends' Highlight Opening Of E3

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!