‘Mario Wonder’ Latest Mushroom Power-up for Nintendo Switch 

An employee wearing a face mask stands next to a screen displaying characters from the Nintendo video game Super Mario at a store for Japanese games giant Nintendo in Tokyo on February 3, 2022. (AFP)
An employee wearing a face mask stands next to a screen displaying characters from the Nintendo video game Super Mario at a store for Japanese games giant Nintendo in Tokyo on February 3, 2022. (AFP)
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‘Mario Wonder’ Latest Mushroom Power-up for Nintendo Switch 

An employee wearing a face mask stands next to a screen displaying characters from the Nintendo video game Super Mario at a store for Japanese games giant Nintendo in Tokyo on February 3, 2022. (AFP)
An employee wearing a face mask stands next to a screen displaying characters from the Nintendo video game Super Mario at a store for Japanese games giant Nintendo in Tokyo on February 3, 2022. (AFP)

Nintendo made a pitch for the ongoing match fitness of its aging Switch console on Wednesday, as the Kyoto-based gaming company continues to churn out hits even as the market debates the timing of a successor device.

The Japanese firm said it sold 4.3 million copies of "Super Mario Bros. Wonder" - the first entirely new instalment in the almost 40-year-old side-scrolling series in a decade - within two weeks of its Oct. 20 launch.

That is the best performance of any "Super Mario" title, Nintendo said, as it takes advantage of the Switch install base of more than 130 million units and interest generated by a barnstorming animated movie featuring the moustachioed plumber.

"The Switch will enter its eighth year from March 2024 but we will continue to develop new titles without being bound by previous platform lifecycles," Nintendo President Shuntaro Furukawa told a strategy briefing.

The comments come a day after Nintendo reported it sold 6.84 million Switch units in the first six months of the financial year that started in April, a slight increase on the same period a year earlier.

Sales of first-party Switch games were the strongest of any year over that period other than 2020, Nintendo said, boosted by bumper titles such "The Legend of Zelda: Tears of the Kingdom".

Nintendo also announced on Wednesday "Super Mario" creator Shigeru Miyamoto is developing a live action adaptation of the "Zelda" franchise.

Games slated for release next year include "Mario vs. Donkey Kong" and "Luigi's Mansion 2 HD".

The timing of a successor to the hybrid home/portable Switch device will depend on the strength of Nintendo's hardware and software sales, wrote Jefferies analyst Atul Goyal in a client note, flagging March and October as possible launch windows.

"The stronger the sales, the later the launch of Switch 2," he wrote.



Lucid Joins 'Made in Saudi' Program

Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
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Lucid Joins 'Made in Saudi' Program

Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo - SPA

Lucid Motors, a leading electric vehicle manufacturer, has joined the Made in Saudi program, earning the right to use the "Made in Saudi" logo on its products, a symbol of quality, excellence, and customer trust reflecting the Kingdom's dedication to establishing itself as a global leader in innovative manufacturing.
Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo. This feat underscores Lucid's ability to produce world-class electric vehicles with Saudi expertise and highlights its role in advancing the Kingdom's automotive industry.
In a statement, Minister of Industry and Mineral Resources Bandar Alkhorayef emphasized that Lucid's inclusion in the Made in Saudi program as the first car manufacturer to feature the "Made in Saudi" logo signifies the Kingdom's strategic transformation towards establishing a comprehensive ecosystem for the electric vehicle sector.

According to SPA, this aligns with the objectives of the National Industrial Strategy, which focuses on empowering key sectors and attracting high-quality investments in advanced industries.
Alkhorayef emphasized that Saudi Arabia has become a key center for producing electric vehicles, supported by modern infrastructure, attractive incentives, and a skilled workforce. He stressed that the presence of major companies like Lucid bolster the Kingdom's position as a global hub for future industries, boosting local content, non-oil exports, and knowledge transfer.
The ministry is committed to creating an investment environment that supports leading companies and enables them to contribute to industrial transformation and innovation, in line with the Kingdom's vision for a sustainable future driven by modern technologies, he added.
Lucid's inclusion in the Made in Saudi program, overseen by the Saudi Export Development Authority, aligns with the program's goals to enhance the appeal of the Saudi industrial sector, boost local product consumption, drive local and foreign investments, support local companies in expanding globally, increase Saudi non-oil exports, and promote economic sustainability.