Nintendo Is Shutting Down Its Taiwan Subsidiary
Posted by Jake Shapiro
Nintendo Phuten employees will leave by the end of this month
The Big N's Taiwanese subsidiary, Nintendo Phuten, will shut down at the end of May with employees leaving by the end of this month, Taiwanese website GNN reports. Nintendo Phuten is responsible for distribution and sales of the company's hardware and software in Taiwan; with a population of over 23 million, the country is an important market for Nintendo.
Cuts to financial profit projections and lower-than-expected worldwide sales are contributory factors that mean this doesn't come as much of a surprise; in the meantime, Nintendo Phuten's responsibilities will be handed over to Nintendo Hong Kong.
Is this just a sign of things to come for Nintendo, or a minor adjustment? Let us know what you think in the comments below.