OSAKA, JAPAN—Nintendo Co Ltd said it would launch a successor to its ageing Wii game console in 2012
as it struggles to win back users from rivals Microsoft and Sony and seeks to reverse a slump in profits.
The maker of the DS handheld game player, which is also facing competition from smartphone and tablet makers including Apple Inc , said on Monday it will demonstrate the Wii's replacement in Los Angeles on June 7 at the E3 game show.
"As for the details of exactly what it will be, we have decided that it is best to let people experience it for themselves at E3," Nintendo CEO Satoru Iwata, told a news conference.
"So I won't talk about specific details today, but it will offer a new way of playing games within the home," said Iwata, a former game designer