Good news Nintendo Switch fans, there won't be a price hike just yet

techradar.com:

Thanks to part shortages, manufacturing costs are rising but if you're worried about a potential Nintendo Switch price increase, there's good news.

Addressing concerns about the Nintendo Switch, Nintendo president Shuntaro Furukawa recently spoke with Nikkei(opens in new tab). Telling the publication that «the problem is that demand exceeds supply», Furukawa was questioned on whether Nintendo would consider price increases for its popular hybrid console. Thankfully, he ruled out this option at this time. 

«We're not considering that at this point, for two reasons. In order to offer unique entertainment to a wide range of customers, we want to avoid pricing people out,» Nintendo's president confirmed. 

Raising the point that Nintendo has sold «more than 100 million Switch units so far», Furukawa insists that it's important to «maintain the momentum of our overall business». However, he wouldn't be drawn on whether Nintendo can reach its sales target for Nintendo Switch this fiscal year. 

That's unsurprising due to the ongoing global chip shortage, which factored into a 23% drop in console sales during Q1 2022. Still, Furukawa believes it'll see a boost from new games like Splatoon 3 and Pokémon Scarlet and Violet, which launch this September and November respectively.

Since launching five years ago, Nintendo's mostly resisted changing the price of its Switch consoles. The only real drop has been for the original variant back when the Nintendo Switch OLED model launched, with Nintendo decreasing the RRP by £20/$25. That said, it's been offering the cheaper Nintendo Switch Lite since 2019, which removes docking functionality for a handheld-only experience.

Still, the pricing question's been raised thanks to Meta's recent price