ANN: ‘Nintendo is recession-proof’
ANN writes: "With the economic downturn deepening, consumers are curtailing spending on electronics goods such as TVs, computers and mobile phones.
But video game devices are not being negatively impacted by the slump, the chief executive of Nintendo Korea said.
"Regardless of downturns, consumers pursue something fun," Mineo Koda said in an interview with The Korea Herald.
He said Nintendo’s video game consoles Wii and DS are selling well in South Korea and overseas, which shows they are immune to downturns."
