Sony, which recently stopped manufacturing PlayStation 2 for sale in some territories, could re-launch the console as a low-cost gaming device.
FORBES: Sony, Microsoft Could Make Billions if Chinese Ban is Lifted
As for the Wii, Nintendo did announce that it would launch the console in China in 2008 (and iQue even obtained the CCC in December 2007), but that never happened after it failed to get the other authorities' approval.
ENGADGET: China's complicated history with video games: when a ban isn't really a ban
Worse still, Sony, which dominates the household-console market, has announced plans to launch its own handheld console, the PlayStation Portable, in 2004.
Xbox 360 is the exclusive gaming and entertainment console launch partner for Redbox Instant by Verizon.
ENGADGET: Redbox Instant coming to Xbox 360 as console launch exclusive in the 'very near future'
Nintendo has been claiming for the past few months that the WiiU will be their best console launch to date.
FORBES: Nintendo Releases List of Day One WiiU Launch Titles
Nokia's move into the handheld gaming market, from an adjacent market which it dominates, is strongly reminiscent of Microsoft's decision to launch the Xbox console to challenge Sony.
This launch follows a three-month closed beta test, and it comes about a month after the company's announcement that the service would come to the Xbox 360 as a console launch exclusive.
ENGADGET: Redbox Instant exits private beta and launches to the public
As any console launch date draws near, you can usually count on one thing happening: being able to test out that fresh new machine at your local Wally World, whether or not they have any in stock, and regardless of whether you can actually afford to take one home.
LOVEFiLM, an Amazon company, launches on Nintendo's Wii home console today with a launch on Nintendo's new HD home console Wii U to follow shortly, transforming the movie viewing experience for up to eight million UK Wii users who will now be able to select and instantly stream movies and TV shows with a wave of their Wii Remote.
ENGADGET: Lovefilm movie streaming arrives on UK Wii consoles, Wii U compatibility coming 'shortly'
Sony's handheld console the PlayStation Vita is set for a price drop - ahead of the widely-rumoured launch of a new PlayStation console.
BBC: Sony cuts PS Vita price in Japan ahead of PlayStation event
Microsoft might be planning with Xbox Live as we prepare for the launch of its new console.
FORBES: Report: Microsoft Doing Away With Xbox Live Points Ahead Of Next Console
The camera peripheral is getting some major improvements in its second iteration, and it's expected to ship with every new console at launch.
There are few people better equipped to do so, because he was brought into the company for the launch of its first console.
FORBES: On PlayStation's 15th Anniversary, Sony Plays The Underdog Once More, With Feeling
For the gaming industry overall, the planned launch of a new console system will be a welcome boost with the potential to boost recently lackluster sales.
The portable game console will launch in North America and Europe in March 2011, but Iwata did not give the specific dates or pricing for those regions.
FORBES: Nintendo 3DS Launch Dates And Price In Japan Revealed
As for the seemingly paltry launch sales of the Wii U console -- 200K units shy of the original Wii's launch week -- Fils-Aime says it's a question of his company's ability to keep it in stores and not of lacking demand.
ENGADGET: Nintendo Wii U North American sales top 400K in first week HD
The Wii U Virtual Console's official launch may still be a few months off, but based on the first game in the Famicom 30th Anniversary Virtual Console trial campaign, it's shaping up to be a strong evolution of its predecessor.
ENGADGET: Wii U Virtual Console Trial Campaign hands-on Hands-on
As written about in a previous post, console-makers launch the next-generation system when someone in the market reaches around 115 million units.
He also confirmed that Ustream expects all of its promised PlayStation 4 functionality to be functioning and available alongside the console's launch this holiday.
Still, commenters generally agreed that the Wii U will sell well in the beginning, pointing out how successful the Wii console sold on launch.
Nintendo said it would launch its Wii U games console on 18 November in the US, 30 November in Europe, and 8 December in Japan.
BBC: Nintendo Wii U games console to be released in November
They lower the financial barrier to owning a console for many gamers, but they also allow console manufacturers to launch next-gen consoles at a lower, but still profitable, price point.
FORBES: $99 Xbox 360 Confirmed - Is This The Future Of Console Gaming?
We may be grasping for straws here, but as the Sony PlayStation 3 now looks set for a late launch, perhaps the gaming console's entrance in the market this November, instead of this spring, will see a similarly sympathetic reception.
FORBES: Stringer's Sony Delays PlayStation3 Launch To November
The update also lays the groundwork for the imminent launch of the Wii U Virtual Console service.
The much-anticipated game will launch in early 2012 and a console version is in development.
The UK-designed Gamestick handheld console, due to launch this month, has been delayed due to "high demand".
Nintendo plans to launch its own next-generation console, code-named Dolphin, later this year.
Nintendo is counting on these games and third-party titles to drive hardware sales after a somewhat disappointing launch of the new Wii U console.
FORBES: Nintendo Announces Fiscal Year 2013 Report, FY 2014 Projections
Despite the console's impending March launch to Kickstarter supporters, OUYA's yet to begin reviewing games for its storefront.
We're still a little bit away from the official launch of the much-hyped OUYA console, but the game store appears ready for takeoff.
ENGADGET: OUYA store ready for launch, will highlight devs with short documentaries
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