The absence of a blockbuster release and the recession combined to push US video game sales sharply lower last month, market research firm NPD Group said.
US video game sales fell 17 percent last month compared with a year ago to US$1.03 billion, NPD said late on Thursday, and were down 30 percent from sales of US$1.43 billion the previous month.
Hardware sales fell 8 percent year-on-year to US$391.6 million, software sales dropped 23 percent to US$510.7 million and sales of accessories were down 15 percent to US$129.4 million, NPD said.
‘SOFT ON THE SURFACE”
“While April sales might appear soft on the surface, it’s important to remember that April is being compared against a month that realized nearly 50-percent growth over April 2007,” NPD analyst Anita Frazier said.
April last year saw the release of hot-selling games Grand Theft Auto IV and Mario Kart.
“While the continued difficult economic environment is a factor to consider,” Frazier said, “video games is the category that consumers tell us they’re least likely to cut their spending on in coming months.”
TOP PLATFORM
Nintendo’s Wii console remained the top-selling game platform last month, but its sales of 340,000 units were down 43.4 percent from March.
Sales of Microsoft’s Xbox 360 plunged 47 percent last month compared with the previous month to 175,000 units, while Sony’s PlayStation 3 saw sales drop by 41.7 percent to 127,000 units.
Sales of Sony’s PSP handheld console fell 30.9 percent last month to 116,000 units.
Sales of Nintendo’s DS soared last month to 1.04 million units from 563,000 in March on the release of the Nintendo DSi, the latest version of its handheld console.
Sony’s PlayStation 2 also bucked the trend, selling 172,000 units last month, up from 112,000 in March, owing largely to cutting the price to what the NPD’s Frazier called the “budget-friendly price point of 99 dollars.”
The New Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the New Taiwan dollar to invest in higher-yielding alternatives has generated the second-highest return over the past month among Asian currencies behind the yuan, based on the Sharpe ratio that measures risk-adjusted relative returns. The New Taiwan dollar may soon replace its Chinese peer as the region’s favored carry trade tool, analysts say, citing Beijing’s efforts to support the yuan that can create wild swings in borrowing costs. In contrast,
Nvidia Corp’s demand for advanced packaging from Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) remains strong though the kind of technology it needs is changing, Nvidia CEO Jensen Huang (黃仁勳) said yesterday, after he was asked whether the company was cutting orders. Nvidia’s most advanced artificial intelligence (AI) chip, Blackwell, consists of multiple chips glued together using a complex chip-on-wafer-on-substrate (CoWoS) advanced packaging technology offered by TSMC, Nvidia’s main contract chipmaker. “As we move into Blackwell, we will use largely CoWoS-L. Of course, we’re still manufacturing Hopper, and Hopper will use CowoS-S. We will also transition the CoWoS-S capacity to CoWos-L,” Huang said
Nvidia Corp CEO Jensen Huang (黃仁勳) is expected to miss the inauguration of US president-elect Donald Trump on Monday, bucking a trend among high-profile US technology leaders. Huang is visiting East Asia this week, as he typically does around the time of the Lunar New Year, a person familiar with the situation said. He has never previously attended a US presidential inauguration, said the person, who asked not to be identified, because the plans have not been announced. That makes Nvidia an exception among the most valuable technology companies, most of which are sending cofounders or CEOs to the event. That includes
VERTICAL INTEGRATION: The US fabless company’s acquisition of the data center manufacturer would not affect market competition, the Fair Trade Commission said The Fair Trade Commission has approved Advanced Micro Devices Inc’s (AMD) bid to fully acquire ZT International Group Inc for US$4.9 billion, saying it would not hamper market competition. As AMD is a fabless company that designs central processing units (CPUs) used in consumer electronics and servers, while ZT is a data center manufacturer, the vertical integration would not affect market competition, the commission said in a statement yesterday. ZT counts hyperscalers such as Microsoft Corp, Amazon.com Inc and Google among its major clients and plays a minor role in deciding the specifications of data centers, given the strong bargaining power of