Nintendo cuts Wii manufacturing

Though it remains the daddy of the current console market, sales of Nintendo’s Wii are showing year-on-year declines across the board – and the company’s manufacturing partners are now feeling the full effect.

Nikkei reports, courtesy of Kotaku, that manufacturing pair Mitsumi and Hosiden are set to suffer a year-on-year profit drops of around 50 per cent or more as a result of Wii’s declining fortunes”.

Cowen Group analyst Doug Creutz recently claimed that Nintendo’s console is approaching a period of rapid decline.

You can expect the news to cause a drastic increase in Wii HD stories in the coming weeks.