Nintendo Next-Gen Console Codename ‘NX’ In Development

Satoru Iwata, President of Nintendo Co., Ltd., poses after Nintendo's E3 presentation of their new Nintendo 3DS at the E3 Media & Business Summit in Los Angeles

Nintendo is hard at work on a next-gen system which was announced during the joint Nintendo-Dena conference. We are not sure whether it’s a home console or a handheld but it is said to utilize a brand new concept.

It will most likely be a new handheld system, a successor to the 3DS. Nintendo recently announced that they will be releasing their IP on smartphones and PC and have collaborated with Dena to make it possible.

This will complement their dedicated hardware business and will be a separate thing. They also announced a new subscription/account system which will be devleoped using Dena’s skills.

The conference is still on, which you can watch below: