Nintendo has announced that their plans to release a brand new handheld console before March of next year, known as the Nintendo 3DS.

The announcement was made in a newly released investor report, which says:

"...games can be enjoyed with 3D effects without the need for any special glasses."

The report also says that the 3DS will be the successor to the current DS consoles and will support backwards compatibility for both DS and DSi software. Very impressive.

Here's the English translation of the press release for the 3DS:

Nintendo Co., Ltd. (Minami-ward of Kyoto-city, President Satoru Iwata) will launch ‘Nintendo 3DS‘(temp) during the fiscal year ending March 2011, on which games can be enjoyed with 3D effects without the need for any special glasses.

‘Nintendo 3DS' (temp) is going to be the new portable game machine to succeed ‘Nintendo DS series‘, whose cumulative consolidated sales from Nintendo amounted to 125 million units as of the end of December 2009, and will include backward compatibility so that the software for Nintendo DS series, including the ones for Nintendo DSi, can also be enjoyed.

We are planning to announce additional details at E3 show, which is scheduled to be held from June 15, 2010 at Los Angeles in the U.S.

The video below shows off one of the newest DSiWare game to hit Japan called 'Rittai Kakushi E Attakoreda' (Hidden 3D Image: There It Is!). This is a good representation of what the 3DS could be like.
It’s also been rumoured that the 3DS will feature an analogue stick, vibration pack and tilt sensors. None of those things have been officially announced, but we’ll find out if they’re true or false at this years E3.



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