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Nintendo Switch Price To Go Up Due To Surplus Demand?

The Nintendo Switch has been doing very well indeed and some will say that it is because of The Legend of Zelda: Breath of the Wild. No matter what the case may be, there is no denying that the console is selling like hot cakes. New reports predict that Nintendo Switch price could go up due to the high demand and offset of the price of components.

This means that it is more than likely that the price of the Nintendo Switch will be greater than $299 in the near future. President Tatsumi Kimishima has already stated that the Nintendo Switch gaming console will not be sold at a loss and this means that the customer will have to bear the burden of increased cost of production.

Nintendo plans to sell 10 million units this fiscal year and it more than likely that the company is aware of this issue. As of right now the Nvidia Tegra chip that powers the Nintendo Switch is being produced my TSMC. Global Foundry, on the other hand, is looking to take on the market leader by offering cheap chips to Japan. This could be Nintendo’s way out.

This is speculation and predictions and things might as well be different in the end. You should take this information with a grain of salt. a Toshiba spokesperson told The Wall Street Journal:

Demand for our NAND flash memory has been overwhelmingly greater than supply, and the situation is likely to stay for the rest of this year,

The president of the company has ensured that things will be sorted out and this surplus in demand will be dealt with. According to him:

We are planning to ship 10 million units this fiscal year, and this figure takes into account the fantastic response we have received from consumers. Planning to ship 10 million units means that we actually plan to produce more than that including units in our warehouse and in-transit product. We are not currently producing this full amount all at once.

Let us know what you think about this prediction regarding Nintendo Switch price.