Nintendo game on Aug 24th

Leading Japanese game maker Nintendo said yesterday it would unveil long-awaited details on August 24th of two key next-generation…

Leading Japanese game maker Nintendo said yesterday it would unveil long-awaited details on August 24th of two key next-generation game machines due for launch late this year and early next year.

The Kyoto-based company plans to launch the 128-bit videogame machine, code-named Dolphin, in 2001, a delay from its original target of late this year.

Investors and analysts are eager for specifics on Dolphin following the recent launch of rival next-generation consoles: Sony Corp's PlayStation2 released on March 4th and Sega Enterprises' Dreamcast which hit Japanese stores in late 1999.

Nintendo will unveil the Gameboy Advance, a new version of the hand-held game player, which will feature a 32-bit processing unit and telecommunications functions.

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The originally scheduled summer launch of the machine was delayed until late this year due to tight supplies of components.

Details of Mobile System GB, a device connecting Gameboys to mobile phones, will be disclosed at the news conference, scheduled ahead of the Nintendo Spaceworld 2000 exhibition for fans, a Nintendo spokesman said.

The new Nintendo products are expected to mark the start of a full-blown battle in the highly competitive games industry, with US software giant Microsoft Corp scheduled to join the fray later in 2001 with its X-box console.

Nintendo's shares have held steady within a 15,000 to 20,000 yen range for most of the year, excluding a short-lived spike upward in February in line with other technology-related shares. Nintendo on Wednesday ended at 18,350 yen, down 0.81 per cent (or 150 yen) from the previous session.