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Nintendo's Switch 2 has the handheld market all to itself

Business World Philippines

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June 10, 2025

EIGHT YEARS since the launch of Nintendo Co.'s original Switch, the new console is finally here, in stores Thursday and online Friday.

- By Dave Lee

To greet the Switch 2, the return of what I feel is a much-missed staple, there was a frenzied midnight launch. Reports The Guardian:

"The sight of throngs of gamers looking to get their hands on the latest hardware when the clock strikes 12 is growing increasingly rare. But if you happen to walk by a Smyths toy shop at midnight on 4 June, you may encounter a blast from the past: excitable people, most in their teens or 20s, possibly discussing Mario Kart. They will be waiting to buy the Nintendo Switch 2, the first major games console launch since 2020 and potentially the biggest of all time."

When the first Switch hit the market in 2017, rival console makers paid little attention. Nintendo was the walking wounded, reeling off the back of a highly disappointing Wii U, which sold a mere 13.6 million units, an extreme disappointment after 100 million in sales of the groundbreaking Wii. Its choice to separate from the pack, to not create a traditional home console to compete with Microsoft Corp.'s Xbox and Sony Group Corp.'s PlayStation, was seen as an admission of having fallen behind.

FLERE HISTORIER FRA Business World Philippines

Business World Philippines

Business World Philippines

ACEN-Citicore JV secures P2.59-B loan for solar operations

ACEN CORP. and Citicore Solar Energy Corp.'s joint venture (JV) Greencore Power Solutions 3, Inc. has secured a P2.59-billion loan from the Development Bank of the Philippines (DBP), aimed at supporting the Pampanga solar plant and its renewable energy operations, the companies said.

time to read

1 min

December 12, 2025

Business World Philippines

DragonFi Securities partners with CIMB Bank PH for in-app savings account

DRAGONFI Securities, Inc. has partnered with CIMB Bank Philippines, Inc. (CIMB Bank PH) to launch a savings account for traders that is accessible within its app.

time to read

1 mins

December 12, 2025

Business World Philippines

Taiwan eyes closer economic links with PHL amid China tensions

Taiwan is looking to bolster its economic ties with the Philippines through potential engagements and industry expansion, as both grapple with shared security concerns in the region, Taiwanese officials said.

time to read

3 mins

December 12, 2025

Business World Philippines

P20-per-kilo rice program rolled out to 82nd province

THE Department of Agriculture (DA) said it completed the nationwide rollout of its P20-per-kilo rice program, which is now present in all 82 provinces following launches in Sultan Kudarat and Maguindanao.

time to read

1 min

December 12, 2025

Business World Philippines

ADB approves $500-million loan to support PHL'S blue economy

THE ASIAN Development Bank (ADB) has approved a $500-million (around P29.56-billion) policy-based loan to support the development of the Philippines' blue economy and improve the resilience of coastal communities.

time to read

2 mins

December 12, 2025

Business World Philippines

Business World Philippines

We are hardwired to sing and it’s good for us, too

ON THE FIRST SUNDAY after being named leader of the Catholic Church in May 2025, Pope Leo XIV stood on the balcony of St. Peter’s Basilica in Rome and addressed the tens of thousands of people gathered.

time to read

4 mins

December 12, 2025

Business World Philippines

Business World Philippines

PNB raises P15.7 billion from sustainability bond offering

PHILIPPINE National Bank (PNB) has raised P15.7 billion from the sale of dual-tranche bonds to fund sustainable initiatives.

time to read

1 mins

December 12, 2025

Business World Philippines

Flood control fiasco imperils PHL credit rating-Fitch Ratings

THE Philippine economy continues to bear the brunt of the ongoing flood control corruption scandal, Fitch Ratings said, noting that further unrest could spill over to the country's credit rating.

time to read

3 mins

December 12, 2025

Business World Philippines

Why some countries stay happier

My wife and I arrived in Copenhagen, Denmark on a gray afternoon after a business trip in Paris, expecting the usual European chill, yet what struck us first was not the weather but the calmness of life unfolding around us, in contrast to the hum of Paris and the chaos in Manila.

time to read

4 mins

December 12, 2025

Business World Philippines

Business World Philippines

A risk conscious pause for monetary policy?

A rate cut may be misinterpreted, not as support for growth, but as a reaction to worsening political conditions or an attempt to mask deeper structural issues.

time to read

6 mins

December 12, 2025

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