Nintendo Co shares jumped in Tokyo trading yesterday after its new Mario Kart 8 video game surpassed 1 million units in US sales and affiliate The Pokemon Co said an online trading-card game will be released as an application for Apple Inc’s iPad.
Shares rose 3.98 percent to ¥11,740, the most in more than four months, paring this year’s decline to 16 percent.
Mario Kart 8 became just the second Wii U title to sell more than 1 million units along with New Super Mario Bros U, the company said.
The Pokemon Co is set to make an online trading-card game that is already offered for desktop computers available as an application for the iPad, Kanako Murata, a Tokyo-based spokeswoman for the company, said by telephone.
Nintendo president Satoru Iwata has ruled out licensing Nintendo’s franchise characters for online games or smartphone applications. Tying Nintendo’s iconic characters to its hardware helped boost demand for the original Wii, which sold more than 100 million units and became the world’s best-selling console.
The Nikkei Shimbun reported in January that Nintendo would provide free mini-games for smartphones. The system would allow consumers to purchase games online via smartphones, the report said.
Mario Kart 8 and a lineup of figurines that interact with games are part of Nintendo’s strategy to revive flagging sales of the Wii U console and retain players shifting to smartphones and faster consoles like Sony Corp’s PlayStation 4 and Microsoft Corp’s Xbox One.
The Pokemon title will be available for the US and Europe, though timing for its release has not been determined, Murata said.
Engadget reported earlier that the game would be made available as an iPad app, citing the company without identifying anyone.
Meanwhile, Robin Williams fans are asking Nintendo to name a character in the next instalment of its popular Legend of Zelda series after the Oscar-winning actor, who died last week.
There are more than 100,000 signatures on an online petition calling for the Japanese firm to honor the renowned comedian and avid gamer, who appeared in numerous Nintendo commercials.
Williams was a huge fan of the Zelda series, even naming his own daughter after its titular princess.
A Tokyo-based Nintendo spokesman yesterday said that “nothing has been decided, but we won’t rule out the request.”
The designer of popular video game World of Warcraft said last week that Williams would be honored as a character in the game.
Additional reporting by AFP
Semiconductor business between Taiwan and the US is a “win-win” model for both sides given the high level of complementarity, the government said yesterday responding to tariff threats from US President Donald Trump. Home to the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Taiwan is a key link in the global technology supply chain for companies such as Apple Inc and Nvidia Corp. Trump said on Monday he plans to impose tariffs on imported chips, pharmaceuticals and steel in an effort to get the producers to make them in the US. “Taiwan and the US semiconductor and other technology industries
SMALL AND EFFICIENT: The Chinese AI app’s initial success has spurred worries in the US that its tech giants’ massive AI spending needs re-evaluation, a market strategist said Chinese artificial intelligence (AI) start-up DeepSeek’s (深度求索) eponymous AI assistant rocketed to the top of Apple Inc’s iPhone download charts, stirring doubts in Silicon Valley about the strength of the US’ technological dominance. The app’s underlying AI model is widely seen as competitive with OpenAI and Meta Platforms Inc’s latest. Its claim that it cost much less to train and develop triggered share moves across Asia’s supply chain. Chinese tech firms linked to DeepSeek, such as Iflytek Co (科大訊飛), surged yesterday, while chipmaking tool makers like Advantest Corp slumped on the potential threat to demand for Nvidia Corp’s AI accelerators. US stock
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from US President Donald Trump. The Fed cut its key lending rate by a full percentage point in the final four months of last year and indicated it would move more cautiously going forward amid an uptick in inflation away from its long-term target of 2 percent. “I think they will do nothing, and I think they should do nothing,” Federal Reserve Bank of St Louis former president Jim Bullard said. “I think the
Cryptocurrencies gave a lukewarm reception to US President Donald Trump’s first policy moves on digital assets, notching small gains after he commissioned a report on regulation and a crypto reserve. Bitcoin has been broadly steady since Trump took office on Monday and was trading at about US$105,000 yesterday as some of the euphoria around a hoped-for revolution in cryptocurrency regulation ebbed. Smaller cryptocurrency ether has likewise had a fairly steady week, although was up 5 percent in the Asia day to US$3,420. Bitcoin had been one of the most spectacular “Trump trades” in financial markets, gaining 50 percent to break above US$100,000 and