Nintendo invested nearly $527 million in research and development in the past fiscal year, and managed to generate $5 billion in revenue.
That’s according to Technavio, a market research company that focuses on exploring emerging market trends, sharing a report that breaks down the top five leading vendors in the global motion-controlled remote market.
The research report identified Nintendo as one such vendor, which had factored in their contribution to the overall revenue in the market which encompasses gaming consoles, set-top boxes and smart TVs. Hillcrest Labs, LG, Samsung and SMK were the other vendors to be named.
As to what Nintendo has been investing in, we can only speculate that it will relate to Nintendo NX, their recent stride into developing smart device applications, and their Quality Of Life (QOL) initiative – which has seemingly taken a temporary backseat.