Nintendo boosts R&D spending

[cm2]

read from tweaktown:

Nintendo is steadily increasing its R&D budget to prepare for new hardware, software, and services. According to Nintendo's 2023 annual report, the company spent around $827 million on R&D throughout Fiscal Year 2023. This budget is for the entirety of Nintendo's operations and is not just for the next-gen Switch.

"On top of these efforts, Nintendo continues to engage in the development of various products and services for the future, including new products that improve people's QOL (Quality of Life) in enjoyable ways," Nintendo writes in the report.

With respect to hardware, we continuously investigate and undertake research on underlying technologies spanning data storage technology such as semiconductor memory, display technology such as liquid crystal displays, and electronic components.

We also carry out research and development activities to examine the applicability of various technologies to the field of home entertainment including interfaces such as touch panels and sensors, networks such as wireless communication, security, cloud computing, virtual reality (VR), augmented reality (AR) and mixed reality (MR), deep learning and big data analysis.

Our efforts are not limited to in-house studies and research and we are also exploring various possibilities on a daily basis to discover technologies that will help create new ways to play by proactively turning our attention outside Nintendo.

Moreover, we continue to enhance the durability, safety, quality and performance of our products to ensure that consumers can comfortably enjoy them over an extended period, in addition to designing and developing various accessories and pursuing cost-cutting initiatives.

With respect to software, we take full advantage of hardware features in planning our products, and focus on game design and program development that leverages graphics, music and game scripts, and developing programs.

Furthermore, in order to enable digital business expansion, we have strongly driven the expansion of system infrastructure that supports network services in multiple areas, including the various network features of each software title and Nintendo eShop. In addition, we have established a research and development structure for smartdevice software, and promote the planning and development of smart-device applications and the development of a back-end server system.

[Demon_skeith]

Can't blame them, they got a huge hurdle to overcome with the Switch.

[Artisan]

They do need to work on better servers for the system after the Switch. Even if on the consumer end it isn't free.