video game market

... to capitalize on a booming popularity of online gaming with the release of a handheld console ... handheld console provisionally named Jungle.

The new online game player is foldable and equipped with a ...

... portable game player that provides users with online gaming on the go, according to sources. Panasonic, ... handheld console provisionally named "Jungle." The new online game player is foldable and equipped with a ...

... the hard core gamers. Panasonic did say that the Jungle will be focused on online gaming and that it's working with companies to create new content for all age groups.

...

The PlayStation 3's Blu-ray player may boost sales of the console, according to market research firm iSuppli.

"Going forward, the PlayStation 3's Blu-ray player is likely to help propel its sales. Sony will do more to increase the adoption of the PS3 by introducing creative marketing strategies, such as bundling software, online services and accessories together in order to maintain pricing and to boost adoption by new users," the iSuppli report said.

Sony said Thursday it is confident of a sales recovery in the video game market due to the PSP expected to maintain its growth, with the PlayStation 3 also projected to show further improvement.

According to Sony chief financial officer Nobuyuki Oneda, the company aims to "post some profit at the game business in the full year to March 2009." "The PlayStation Portable (PSP) is likely to maintain its growth momentum, while the PS3 is also expected to show further improvement thanks to the cost cuts and rises in the titles line- up," Oneda said.

With the North American release of Wii Fit expected to spark a boom in demand for the Wii next week, Nintendo has maintained that the shortage of its console is not a result of the company artificially manipulating the flow of product into the market.

"The fact is that we have put far more product on store shelves worldwide than our competitors. The difference is that in a very short time we have far outpaced their total sales," said Dervin Camden of Nintendo of America.