Nintendo plans to roll out new console next year, VGC reports

Key partner studios have their hands on development kits for Nintendo’s (NTDOY) next gaming system, with a rollout of the new system planned for 2024, VideoGamesChronicle’s Andy Robinson reports, citing multiple people with knowledge of Nintendo’s next-gen console plans. The Japanese gaming giant will likely release new hardware during the second half of next year, in order to ensure that it has enough stock available on day one and to avoid the kind of shortages seen with Sony‘s (SONY) PlayStation 5 and Microsoft’s (MSFT) Xbox Series X/S, the author says. While specific details on the new console are not yet known, sources indicated to VGC that the system can be used in portable model, similar to the Nintendo Switch.