Nintendo Halting All Hardware and Software Distribution In Brazil
Starting January 2015, Gaming do Brasil, a wholly-owned subsidiary of Juegos de Video Latinoamerica, GmbH, will no longer distribute Nintendo products in Brazil
News by Grayshadow on Jan 10, 2015
Nintendo will end its distribution of hardware and software in Brazil due to high import tariffs. The company could choose to create local manufactures to avoid these fees but have choose to opt out.
“Starting January 2015, Gaming do Brasil, a wholly-owned subsidiary of Juegos de Video Latinoamerica, GmbH, will no longer distribute Nintendo products in Brazil” Nintendo stated. “Despite the changes in Brazile, Juegos de Video Latinoamerica will continue to be Nintendo’s distributor for Latin America and they remain committed to the brand and the region.”
Nintendo isn’t the only company effected by these high tariffs. Sony’s PlayStation 4 launched in Brazil for about $1,800 USD due to various import fees and taxes. Xbox One were priced at approximately $1,000 USD.
"Brazil is an important market for Nintendo and home to many passionate fans, but unfortunately, challenges in the local business environment have made our current distribution model in the country unsustainable," said Nintendo. "We will continue to monitor the evolution of the business environment and evaluate how best to serve our Brazilian fans in the future."
Perhaps Nintendo will distribute in Brazil again, perhaps after the import policies of the country have changed or opting into local manufacturing.
Adam Siddiqui, NoobFeed
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