The President of Nintendo Satoru Iwata announced last night that the company is busy developing a cheap new console for emerging markets such as India and China. The console could be seen as early as next year, though as expected, details are fairly scarce. Iwata told Bloomberg, “We want to make new things, with new thinking rather than a cheaper version of what we currently have. The product and price balance must be made from scratch.”
Now this is not the next system AFTER the Wii U people. This is some $100 side project console for India and China since gaming there is basically non existent. In china there was a ban on gaming. I believe Nintendo is the only one allowed to make games there…due to theirs not being “too violent.” So for gamers in North America or whatever, ignore this. It is pointless and does not effect you. It will be weaker then the Wii U and frankly a joke to actual gamers.