NEW YORK: In the six years since the last major video game system launched, Apple unveiled the iPhone and the iPad, “Angry Birds” invaded smartphones and Facebook reached a billion users. In the process, scores of video game consoles were left to languish in living rooms alongside dusty VCRs and disc players.
On Sunday, Nintendo Co. launched the Wii U, a game machine designed to appeal both to the original Wii's casual audience and the hardcore gamers who skip work to be among the first to play the latest “Call of Duty” release. Just like the Wii U's predecessor, the Wii, which has sold nearly 100 million units worldwide since 2006, the new console's intended audience “truly is 5 to 95,” says Reggie Fils-Aime, the president of Nintendo of America, the Japanese company's US arm.
But the Wii U arrives in a new world. Video game console sales have been falling, largely because it's been so long since a new system has launched. Most people who wanted an Xbox 360, PlayStation 3 or a Wii already have one. Another reason: People in the broad 5-to-95-age range have shifted their attention to games on Facebook, tablet computers and mobile phones.
US video game sales last month, including hardware, software and accessories, totaled $ 755.5 million, according to the research firm NPD Group. In October 2007, the figure stood at $ 1.1 billion.
The Wii U is likely to do well during the holiday shopping season, analysts believe —so well that shoppers may see shortages. But the surge could peter out in 2013. The Wii U is not expected to be the juggernaut that the Wii was in its heyday, according to research firm IHS iSuppli. The Wii outsold its competitors, the Xbox 360 and the PlayStation 3, in its first four years on sale, logging some 79 million units by the end of 2010. By comparison, IHS expects the Wii U to sell 56.7 million in its first four years.
In the age of a million gadgets and lean wallets, the storied game company faces a new challenge: Convincing people that they need a new video game system rather than, say, a new iPad.
The Wii U, which starts at $ 300, isn't lacking in appeal. It allows for “asymmetrical game play,” meaning two people playing the same game can have entirely different experiences depending on whether they use a new tablet-like controller called the GamePad or the traditional Wii remote. The GamePad can also be used to play games without using a TV set, as you would on a regular tablet. And it serves as a fancy remote controller to navigate a TV-watching feature called TVii, which will be available in December.
Nintendo, known for iconic game characters such as Mario, Donkey Kong and Zelda, is expected to sell the consoles quickly in the weeks leading up to the holidays. After all, it's been six long years and sons, daughters, brothers and sisters are demanding presents. GameStop Corp., the world's No. 1 video game retailer, said last week that advance orders sold out and it has nearly 500,000 people on its Wii U waitlist.
Even so, it's a “very, very crowded space in consumer electronics” this holiday season, notes Ben Bajarin, a principal analyst at Creative Strategies who covers gaming.
Apple's duo of iPads, the full-size model and a smaller version called the Mini, will be competing for shoppers' attention. Not to be outdone, Amazon.com Inc. has launched a trove of Kindle tablets and e-readers in time for the holidays. These range from the Paperwhite, a touch-screen e-reader, to the Kindle Fire HD, which features a color screen and can work with a cellular data plan. Then there are the new laptops and cheaper, thinner “ultra books” featuring Microsoft's new Windows 8 operating system —not to mention smartphones from Apple Inc., Samsung and other manufacturers.
“Nintendo has to be a cut above the noise here,” Bajarin says.
The Wii U is the first major game console to launch in years, but in some ways Nintendo is merely catching up with the HD trend. Sony Corp. and Microsoft Corp. began selling their own powerful, high-definition consoles six and seven years ago, respectively. Both Sony and Microsoft are expected to unveil new game consoles in 2013.
Baird analyst Colin Sebastian thinks the question is not how well the Wii U will do during the holidays, but how it will fare three and six months later.
Gaming has changed significantly in the past six years, especially when it comes to the type of mass-audience experiences that serve as Nintendo's bread and butter.
Research firm IHS iSuppli estimates that by the end of the year, people will have snapped up 3.5 million Wii U consoles worldwide, compared with 3.1 million Wii units in the same period through the end of 2006.
After the Wii went on sale, shortages persisted for months. Stores faced long lines of shoppers trying to get their hands on a Wii as late as July 2007, more than seven months after the system's launch.
Though supply constraints are expected this time around, Fils-Aime says Nintendo will have more hardware available in the Americas than it had for the Wii's initial months on the market. The company says it will also replenish retailers more frequently than it did six years ago.
An initial sell-out doesn't mean the Wii U will be successful over the long term, IHS notes, citing its estimate that the Wii U won't match the Wii's sales over time.
Bajarin believes it's going to take “a little bit of time” for the Wii U's dual-screen gaming concept to sink in with people. If it proves popular, Nintendo could see even more competition at its hands.
“Technologically, it's not a leap of the imagination to see Apple, Google, Microsoft do something like this,” he says.
Nintendo to shake up gaming again with Wii U
Nintendo to shake up gaming again with Wii U
GymNation launches its largest facility in Riyadh
GymNation, the region’s fastest-growing fitness brand, has launched its largest and most advanced (most instagrammable) facility to date in the heart of Qurtubah, Riyadh.
Spanning 77,000 square feet, GymNation’s new flagship sets a new benchmark for health and wellness facilities within Saudi Arabia, further reinforcing its mission to make world-class fitness accessible, affordable, and inclusive for everyone.
Purpose-built to meet the needs of the local community, the facility offers a diverse mix of premium training environments, industry-leading equipment, and specialized spaces tailored to different fitness goals and lifestyles.
In a first for the Kingdom, the gym features the largest ladies-only Reformer Pilates studio in Saudi Arabia, alongside a private Reformer Pilates room.
It also debuts GymNation’s first-ever male spin studio complemented by a dedicated ladies-only spin zone to add to its offerings.
Gym-goers will also benefit from a purpose-built Glute Training Zone, a mind and body studio for holistic health practices, an affiliated HYROX training club for high-performance training, and the region’s largest free weights section.
In addition to its cutting-edge fitness zones, GymNation Qurtubah features a fully equipped recovery area complete with infrared saunas, ice baths, and treatment rooms to support total wellness and optimal performance.
Josh Whitely, KSA country director, said: “After an incredibly successful pre-sell, we opened GymNation Qurtubah, with over 7,000 members on day one, and the initial feedback has been unbelievable, and we are only just getting started.
We’ve got a series of brand-new classes launching, as well as some groundbreaking gym events that will blend fitness, wellness, culture, and music into one amazing space. Riyadh will not have seen anything like GymNation before!”
Speaking about the launch, Loren Holland, founder and CEO of GymNation, said: “Beyond being our largest gym to date, this new Qurtubah location is another symbol of our belief that fitness should be accessible, innovative, and empowering for everyone.
“Saudi Arabia is experiencing a fitness revolution and we’re proud to provide an environment where people of all fitness levels feel welcomed and motivated. We’ve invested significantly to bring not only the biggest gym with the widest selection of equipment and classes Riyadh has ever seen, but also a gym that looks incredible! From lighting to graffiti, all the way through to new fixtures and finishings, we’ve well and truly raised the bar for what a gym experience can be in the Kingdom.”
The launch of the Qurtubah men’s and women's gyms follows GymNation’s record-breaking entry into Saudi Arabia, which saw more than 12,000 pre-opening memberships snapped up in just 72 hours across its initial locations in Jeddah and Alkhobar in 2024.
As Saudi Arabia continues to drive forward its Vision 2030 goals of promoting more active communities, GymNation is uniquely positioned to support this momentum through its commitment to removing barriers around cost, intimidation, and accessibility.
OSP hosts region’s first ever JEC Composites Talks in Saudi Arabia
Saudi Arabia hosted the JEC Composites Talks Middle East on June 24 in Alkhobar, marking the region’s first event fully dedicated to composite materials. Organized by JEC and hosted by the OSP, the event promotes polymer‑based applications, fosters industrial diversification through non‑metallic materials, and accelerates the transfer of innovative technologies while forging partnerships between local and international stakeholders.
Against the backdrop of Saudi Vision 2030 and significant investments in the region in advanced materials, fiber‑reinforced composites are emerging as key enablers across sectors such as mobility, construction, energy, oil and gas, and infrastructure.
The JEC Composites Talks Middle East gathered industry leaders, policymakers, researchers, and entrepreneurs to explore market trends, localization strategies, technological innovation, sustainability, and the composites value chain, capped by a curated networking reception. On June 25, participants visited SPARK, Mateen Bar, and Novel facilities to experience firsthand regional capabilities.
Mohammad Al-Tayyar, program director of OSP, said: “Our partnership with JEC marks a new era for the composites industry in Saudi Arabia paving the way for significant advancements in environmentally efficient solutions and industrial partnerships, ensuring that the Kingdom remains at the forefront of the composites market.”
Thomas Lepretre, vice president sales, events and operations at JEC Group, said: “Middle East and Saudi Arabia represent a strong market potential for composites materials. We are very pleased to be partnering with OSP and being able to serve the composites industry by organizing events in the Kingdom.”
Building on this momentum, the first JEC Forum Middle East — a business meetings‑focused event— will be held in Riyadh on June 23–24, 2026, uniting the region’s composites value chain.
Huawei MatePad Pro 12.2: a tablet to replace office PC?
Bad tools hurt worker productivity more than we usually realize. For the last several decades, laptops have been the default workplace device. But as work becomes increasingly mobile and multitasking-driven, traditional tools are proving inadequate to keep up with the pace and flexibility modern roles demand. According to studies, switching to more portable office devices can deliver noticeable gains. A 2023 IDC study found that 85 percent of companies reported measurable productivity gains after adopting mobile devices like tablets in the workplace.
Tablets, once seen as consumption-focused devices, are stepping in to fill that role. They have evolved into productivity devices, resembling laptops more and more. They now combine the performance of PCs with the agility of mobile devices, creating a powerful, flexible way to get more done from anywhere.
In the past, the biggest drawback of tablets was the software. Doing real work on a tablet meant wrestling with mobile apps scaled up for a bigger screen but without key features one would need. That is no longer the case. Productivity-focused tablets are coming out with PC-level software and full desktop-grade office suites that support advanced functions and shortcuts. Huawei is making great headway in turning tablets into something that can replace office PCs. Huawei’s approach is to provide a hardware and software experience on the same level as laptops while pushing the limits of portability, even beyond what we have come to expect of tablets.
The latest Huawei MatePad Pro 12.2-inch is a case in point. It comes with a keyboard cover and even supports the addition of an external mouse. And it is not the typical tablet keyboard covers with flimsy support, bad viewing angles, crammed keys and an unresponsive touchpad. The Glide Keyboard has large full-sized keys with 1.5 mm key travel and a large trackpad, as in most laptops. Users can also throw in an external mouse if they wish. The support for the M-Pencil adds another dimension of flexibility to the mix and the keyboard cover features a 2-in-1 stylus and keyboard storage and charging design, a first on a tablet.
The story is remarkable on the software side as well. The tablet’s PC-level WPS Office and Live-Multitask feature makes office work surprisingly easy. WPS Office on the tablet mirrors the PC version, including the interface and editing and presentation features. Users can draft documents, manage large spreadsheets, or review design mockups without compromise. The Live-Multitask feature lets you juggle multiple apps seamlessly and resize app windows or switch between them with just a tap.
Portability being yet another major factor that aids productivity, Huawei has worked hard to trim the weight and size of the new tablet with some meticulous design choices. The keyboard is crafted with aerospace-grade materials, and at just 420 grams and 5.15 mm thick, it is the lightest keyboard of its kind.
Perhaps one area where tablets can trump laptops is how they can replace multiple devices and stationery professionals otherwise have to carry around. A tablet can be a replacement for not just laptops but it is also useful for note taking, sketching, and even documentation using the camera. Not having to switch between tools to perform tasks can dramatically streamline productivity.
The MatePad Pro 12.2-inch is available now for pre-order in Saudi Arabia at a starting price SR2,499 ($666), after applying the cashback, with valuable gifts through Huawei’s online store and other authorized retailers.
Consumers ‘adjust’ shopping habits amid rising inflation
A new survey has revealed global concern (85 percent of respondents) about inflation’s impact on grocery prices, illustrating consumer unease and clear changes in purchasing decisions across the world. Blue Yonder, a world leader in end-to-end digital supply chain transformation, announced the results of its 2025 Global Consumer Sentiment on Grocery Inflation Survey, spotlighting how sustained inflation, supply chain challenges and global tariffs are influencing grocery spending and broader consumer behavior across generations and regions. The survey polled consumers across Australia and New Zealand, France, Germany, the Middle East, the UK, and the US.
“The findings of this survey underscore just how widespread and deeply felt the impact of inflation is on consumers’ everyday lives,” said Ben Wynkoop, senior director, global industry strategist, grocery and convenience, Blue Yonder. “From buying fewer grocery items and cutting back on certain purchases to shopping at discount retailers and reprioritizing spending across other categories, consumers are navigating prolonged uncertainty — and retailers must adapt accordingly.”
Nearly half (49 percent) of all respondents believe newly introduced global tariffs are the leading factor behind inflated grocery prices, followed by increased costs for raw materials (42 percent), increased labor costs in manufacturing and food processing (39 percent), and increased profit margins for brands and manufacturers (33 percent).
The perceived top factor driving inflated grocery prices differs across regions. Consumers in the US (65 percent), the UK (56 percent) and the Middle East (50 percent) feel global tariffs are the leading cause of rising prices. Consumers in ANZ (50 percent) feel that increased profit margins for brands and manufacturers is the top factor for inflated prices, while consumers in France (48 percent) and Germany (47 percent) believe the increased cost of raw materials is the leading cause of grocery inflation.
There is a generational divide, too. Baby Boomers uniquely believe that increased labor costs in manufacturing and food processing are the leading cause for grocery inflation (52 percent), whereas all other generational groups believe global tariffs are the top cause of inflated prices.
Inflation’s grip on grocery bills is triggering global concern from consumers. Almost two-thirds of consumers (65 percent) report they would buy fewer grocery items across categories to cope with price increases, while 42 percent would shop at discount and wholesale stores. In addition, approximately one-third would prefer shopping based on promotions and discounts (36 percent) and switching to private label brands (34 percent).
Globally, consumers in ANZ are the most likely to reduce spending on clothing and footwear (67 percent), followed closely by the US (62 percent), the UK (61 percent), France (49 percent), Germany (49 percent), and the Middle East (47 percent).
“With most consumers willing to adjust shopping habits in response to grocery inflation and mounting financial pressures, retailers — not just grocers — need to recognize the importance of building trust with shoppers through transparency, targeted promotions and affordability-first strategies,” Wynkoop added. “Having the right supply chain solutions can help retailers win with consumers during times of both economic prosperity and difficulty.”
LuLu Retail wins ‘Best IPO in the Middle East’ award
LuLu Retail Holdings, the region’s leading full-line retailer, has been honored with the prestigious “Best IPO in the Middle East” award by EMEA Finance magazine. The recognition was presented at the annual EMEA Finance Achievement Awards 2024, held in London on June 22.
The accolade celebrates LuLu Retail’s landmark initial public offering, which successfully raised $1.7 billion in Q4 2024, and marked the company’s official listing on the Abu Dhabi Securities Exchange. The IPO drew widespread investor interest and was one of the most anticipated public listings in the region, reinforcing strong market confidence in the group’s growth trajectory, financial resilience, and retail leadership.
The EMEA Finance Achievement Awards are regarded as a benchmark of excellence in capital markets across Europe, the Middle East, and Africa. Winners are selected by the editorial board from a pool of nominations submitted by investment banks, corporates, and market participants. The awards spotlight the most impactful and innovative financial transactions spanning IPOs, debt issuance, Islamic finance, structured deals, and mergers and acquisitions.
Saifee Rupawala, CEO of LuLu Retail Holdings, said: “We are truly honored to receive this award, which reflects the strength of our business, the commitment of our team, and the trust placed in us by our investors. The IPO marked a transformative chapter for LuLu Retail, and we remain committed to delivering long-term value and sustainable growth.”
