Core Viewpoint - Nintendo has denied reports from Bloomberg regarding the removal of the Switch 2 from Amazon US due to low-priced third-party sales, stating that the information is "inaccurate" and reaffirming that it will not disclose details of its retail partnerships [1][4][6] Group 1: Nintendo's Response - Nintendo officially refuted Bloomberg's claims about the removal of Switch 2 from Amazon, emphasizing that the report does not align with the facts [1] - The company reiterated its policy of not disclosing details regarding its collaborations with retailers [1][4] - Amazon also responded by stating its commitment to providing a wide selection of Nintendo products, indicating a lack of clarity on the reasons for Switch 2's absence from the platform [1][4] Group 2: Pricing and Market Impact - Bloomberg reported that third-party sellers were sourcing Switch 2 from Southeast Asia at lower prices, undermining Nintendo's global pricing strategy [4][5] - The international price for Switch 2 is set at $450, while the Japan-exclusive version is approximately 2501 RMB (around $350), creating a pricing disparity that affects the US market [5] - Nintendo has attempted to increase the profit margin for Japanese retailers to 5%, higher than the industry average of 2%, highlighting its sensitivity to channel profits [5] Group 3: Ongoing Relationship with Amazon - Despite the tensions, Nintendo and Amazon's partnership has not completely dissolved, as evidenced by the upcoming release of a new game available for pre-order on Amazon [6] - However, the Switch 2 console and its exclusive games remain unavailable for purchase on Amazon, forcing consumers to seek alternatives from other retailers or second-hand markets [6]

Group 1 - Nintendo announced price increases for multiple products and services in Canada due to "market conditions" [1] - Affected products include Nintendo Switch, Nintendo Switch OLED, Nintendo Switch Lite, physical and digital Switch games, and Switch accessories, while the price of Switch 2 remains unchanged [1] - Other products such as amiibo figures and Nintendo Switch Online membership services will also see price hikes [1] Group 2 - Specific price adjustment details will be announced on August 1 on Nintendo Canada's official website [3] - The price increases are influenced by the ongoing trade war between the US and Canada, which has led to mutual tariffs [3] - Other companies, such as Microsoft and Sony, have also raised prices for their gaming consoles, with Xbox Series X and PS5 experiencing significant price hikes [3][4]

亚马逊曾试图通过加贴防伪标签来安抚任天堂，该技术既能向消费者保证商品真实性，也可用于追踪货 品流向。但知情人士称该方案未能满足要求，任天堂最终决定退出亚马逊美国平台。 任天堂发言人在邮件声明中否认存在争议，表示"不会披露与零售商的谈判或合同细节"。亚马逊发言人 则称"关于双方关系的报道不准确"，但未具体说明，仅表示"很高兴能直接向消费者销售任天堂产品"。 本月Switch 2发售时，沃尔玛、塔吉特、百思买和游戏驿站等美国零售商均在线下铺货。虽然亚马逊仍 在加拿大、日本和英国等海外市场销售该主机，但占其总销售额三分之二的美国消费者却无缘购买，引 发社交媒体热议。任天堂并非首个因第三方销售问题与亚马逊产生摩擦的品牌。 智通财经APP获悉，任天堂因与亚马逊(AMZN.US)就未经授权销售问题产生分歧，已将其产品从亚马逊 美国网站下架，这意味着亚马逊错过了任天堂Switch 2游戏机近期上市——这是有史以来规模最大的游 戏主机首发活动。 据知情人士透露，任天堂发现第三方商家以低于任天堂官方定价在美国销售游戏后，停止了通过亚马逊 销售产品。知情人士表示，这些商家通过在东南亚批量采购任天堂产品并转口至美国获利。 去年游戏 ...

Core Insights - Time Magazine's annual 100 Most Influential Companies list for 2025 highlights companies from the growing artificial intelligence sector and aims to recognize businesses that are shaping the future [1][2] - The selection criteria for the list include a combination of impact, innovation, ambition, and success, rather than relying solely on financial metrics [1] Group 1: Company Categories - The influential companies are categorized into five groups: Innovators, Disruptors, Leaders, Titans, and Pioneers [2] - Notable companies in the list include Alibaba Group Holding, BYD Co, Coinbase Global, and Amazon.com, among others, showcasing a diverse range of industries from e-commerce to biotechnology [7][10] Group 2: Public and Private Companies - Nearly half of the companies listed are publicly traded or part of publicly traded companies, providing investment opportunities for those looking to engage with influential businesses [8] - The list also features several private companies, such as OpenAI and SpaceX, which may present potential IPO opportunities in the future [9]

Core Viewpoint - The article discusses the advancements in semiconductor technology and the release of new products, particularly focusing on the Nintendo Switch 2, which features significant upgrades in processing power and memory capacity compared to its predecessor [1]. Group 1: Semiconductor Advancements - In 2025, various products utilizing new semiconductor technologies are being launched, with a notable shift towards 3nm technology in high-end smartphones, including Xiaomi's "Xiaomi 15S Pro" [1]. - Major GPU manufacturers, including Intel, AMD, and NVIDIA, have released new GPU series, showcasing advancements in graphics technology [1]. Group 2: Nintendo Switch 2 Disassembly - The disassembly of the Nintendo Switch 2 is relatively easy, utilizing only two types of screws and minimal adhesive, making it more manufacturable compared to other devices [2][3]. - The mainboard of the Switch 2 contains 21 functional semiconductors, with a significant portion sourced from Japan, the USA, and Taiwan, indicating a diverse supply chain [6]. - The Switch 2 features a substantial increase in memory, with 12GB of LPDDR5X compared to the previous generation's 4GB, enhancing its performance capabilities [6][12]. Group 3: Structural Comparison - The Switch 2 is designed more like a portable PC rather than an upgraded smartphone, sharing structural similarities with ASUS's portable gaming PC "ROG Ally" [10]. - The internal architecture of the Switch 2 has evolved, with a focus on utilizing common PC chips, indicating a shift in design philosophy [11]. Group 4: Processor Details - The Switch 2 is powered by NVIDIA's GMLX30-A1 processor, which is a streamlined version of the AGX Orin TE990M-A1, allowing for a smaller package size while maintaining performance [18]. - The processor architecture includes 8 CPU cores and a reduced number of GPU cores compared to the Orin, reflecting a balance between performance and cost [22].

Group 1 - The initial sales momentum of the Nintendo Switch 2 (NS2) indicates that early controversies did not significantly impact its market performance, with sales surpassing 3.5 million units within just four days of launch, exceeding the first-month sales of the original Nintendo Switch [1][2] - The NS2's sales trajectory suggests it may soon break the record of 4.5 million units sold within the first two months, previously held by Sony's PS4 and PS5 [1][2] - Despite the strong sales, there are concerns regarding Nintendo's shift in strategy towards physical game cartridges, which may affect the overall gaming ecosystem [3][4] Group 2 - Nintendo's introduction of the key card technology for NS2 means that physical cartridges will no longer store the game itself but will serve as activation and authentication mediums, requiring players to download the game content separately [4][5] - The majority of confirmed third-party games for NS2 will still be released in physical form as key cards, leading to a perception among players that publishers who include full games on cartridges are "heroes" [5][6] - The shift towards digital gaming has been ongoing, with significant growth in digital game sales observed during the pandemic, leading to a projected decline in physical game sales [24][25] Group 3 - The gaming industry has seen a gradual transition from physical to digital formats, with statistics indicating that by 2024, physical game revenue will account for only 4.6% of the global gaming market, while digital games will dominate at approximately 95.4% [25] - The pandemic has accelerated this transition, as more players adapted to purchasing digital games, leading to a significant increase in digital sales for companies like Nintendo, Sony, and Microsoft [23][24] - Despite the dominance of digital games, there remains a belief that physical games will not completely disappear, as they still hold value for players in terms of cost, ownership, and emotional connection [26][28] Group 4 - Nintendo's new "virtual card" feature allows digital games to mimic the experience of physical cartridges, enabling actions like lending and transferring games between devices, thus providing a sense of ownership [44][45] - This feature represents a potential compromise for Nintendo, allowing it to transition towards digital gaming while still respecting the preferences of traditional physical game users [48][49] - The ongoing evolution of gaming media suggests that the lines between physical and digital formats may continue to blur, with both formats coexisting in the future [50][51]

Core Viewpoint - The Nintendo Switch 2 is being sold in mainland China through Hong Kong imports, despite not being officially released in the region, leading to higher prices compared to Hong Kong and Japan [1][2]. Group 1: Market Dynamics - Chinese e-commerce platforms like JD.com and Taobao are selling the Hong Kong version of the Switch 2, with prices generally above 4000 RMB, which is higher than the expected retail price of 6,9980 JPY (approximately 3462 RMB) in Japan [1]. - The Switch 2 is claimed to be "officially authorized first batch supply" by JD.com, indicating a potential gray market operation [1]. - Analysts suggest that there is still growth potential for gaming consoles in mainland China, despite a limited number of gaming enthusiasts [2]. Group 2: Regulatory Environment - The sale of gaming software in mainland China is subject to strict content review regulations, which may impact the availability of the Switch 2 and its games [2]. - The absence of a domestic version of the Switch for an extended period could lead to an increase in cheap piracy [2]. Group 3: Competitive Landscape - Tencent Holdings previously sold the first-generation Switch in mainland China and has heavily invested in mobile gaming, which remains the mainstream gaming format in the region [2]. - There has been no direct response from Tencent regarding their involvement in the sale of the Hong Kong version of the Switch 2 in mainland China [2].

Group 1: Game Releases and Innovations - Perfect World announced the launch date of its mobile game "Zhu Xian 2" on August 7, featuring UE4 engine and ray tracing technology for enhanced graphics, targeting both original fans and hardcore players [1] - Le Element's new game "Sui Hui Qing Kong" has opened full-channel reservations, presenting a unique "villain" perspective and diverse gameplay, which may attract a specific player demographic [2] - Nintendo's "Donkey Kong: Bananapocalypse" will exclusively launch on Switch 2 on July 17, introducing cooperative gameplay and GameShare functionality, strengthening Nintendo's competitive edge in the gaming ecosystem [3] Group 2: Industry Support and Development - Beijing has released 11 measures to support the development of the gaming and esports industry, focusing on policy guidance and market vitality, which is expected to enhance local gaming companies' competitiveness [4]

Group 1: Product Launch and Sales Performance - The Switch 2 launched on June 5 and sold over 3.5 million units in the first four days, making it the fastest-selling Nintendo console [3] - The console achieved record U.S. sales with more than 1.1 million units sold in its launch week [4] - Nintendo forecasts selling 15 million units for the fiscal year ending in March, despite the new console being priced $150 higher than the original Switch [4] Group 2: Financial Performance and Projections - Nintendo's sales fell over 30% to 1.2 trillion yen ($8 billion) in the last fiscal year, with hardware sales down more than 31% [5] - The company expects sales for the current fiscal year to exceed 1.9 trillion yen ($13.1 billion), indicating a growth rate of around 63% [6] - This projected growth represents only a 14% improvement from the previous fiscal year [6] Group 3: Stock Valuation and Market Sentiment - Nintendo's stock has increased over 40% this year, trading at around 50 times its trailing earnings and a forward price-to-earnings multiple of 46 [7] - High earnings multiples raise concerns about whether the company's growth can justify such a premium [8] - Despite impressive revenue growth expectations, the significant drop in the previous fiscal year makes future growth appear less impressive [8]

Group 1 - Li Xueqin has been publicly accused of financial issues within her company, Beijing Shijin Cultural Media Co., Ltd, by a former shareholder [1] - The relationship between former friends has deteriorated due to financial interests [2] Group 2 - The game "Black Myth: Wukong" has launched its first full-platform discount, with all versions available at a 20% discount [3] - The game has been released for PS5 and is set to launch on Xbox Series X|S in August 2025, with significant pre-order interest [3] Group 3 - Nintendo's stock has reached a record high due to strong sales of the Switch2, with over 3.5 million units sold in the first four days post-launch [4] - The gaming industry is seen as a safe haven amid global uncertainties, with other companies like Square Enix and Bandai Namco also experiencing stock price increases [4][5] Group 4 - ByteDance's Seed team is collaborating with BYD to establish an AI and high-throughput joint laboratory to accelerate lithium battery research [6] Group 5 - Honda has successfully conducted its first test of a reusable small rocket, reaching an altitude of approximately 300 meters [7] Group 6 - The autonomous driving service "Carrot Run" has expanded its testing in Hong Kong, indicating progress in automated vehicle applications [8][9] Group 7 - A new biotech company, Anmai Biotechnology, has submitted its listing application to the Hong Kong Stock Exchange [9] Group 8 - JD.com's chairman Liu Qiangdong emphasized the importance of self-operated logistics for the company's success, stating that without it, JD would not have survived in the competitive e-commerce landscape [10] - He highlighted the company's commitment to employee welfare, mentioning multiple salary increases over the past year and a half [10][11] Group 9 - The Governor of the People's Bank of China, Pan Gongsheng, discussed ongoing improvements to the monetary policy framework to support economic recovery and financial market stability [12] Group 10 - Orange Group has announced the acquisition of the skincare brand Baizhichui, with the brand's co-founder set to serve as a lifetime honorary advisor [13][14] Group 11 - Amazon's CEO Andy Jassy indicated that the company expects to reduce its workforce in the coming years due to the increased use of generative AI and smart agents [15] Group 12 - China Universal Asset Management announced the resignation of its chairman, Zhang Yan, due to work adjustments, with the executive president temporarily taking over the role [16]