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7/10/2019, 3:56 PM (Source: TeleTrader)
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Nintendo announces new $200 Switch Lite console

Japanese gaming giant Nintendo Co. Ltd. unveiled its newest Switch Lite gaming device in a press release on Wednesday.

The company said that the device is intended specifically to play games from its Nintendo Switch console in handheld mode and will therefore no support video output to a TV. It will also not come with a dock or HDMI cable. However, it will be able to play all Nintendo Switch games that support handheld mode, although some will have restrictions. It will retail for $200 and will be released on September 20.

The news comes after reports in March indicated that Nintendo would release two new versions of the Switch during the course of this year. More recently, the company reportedly decided to move Switch production from China to Vietnam as the trade war between the former and the United States continued.

The company's stock was up 2.07% at 9:55 am CET following the news.

Baha Breaking News (BBN) / DZ