Nintendo developing new console

Nintendo Co., which dominates the portable video-game machine market, said Wednesday it is developing a new home game console code-named “Revolution” in an apparent attempt to catch up with rival Sony.

Nintendo President Satoru Iwata refused to give details, saying he feared competitors will steal the plan, but said a prototype, which will be shown next year, will deliver “new ideas” for entertainment and won’t be merely a more powerful version of its current Game Cube machine.

Iwata reiterated his view that Nintendo should not follow the strategy of Sony, which is working on a more powerful chip to drive its next-generation home game machine.

News source: CNN

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