Back in March, Nintendo CEO Satoru Iwata announced that new video game hardware codenamed "NX" is in development. Details are scarce, and NX's full reveal won't come until next year, but Iwata has stated that it's a "brand new concept" and not just a replacement for 3DS or Wii U.
During the recent investor Q & A session, Iwata was asked if NX was a new handheld, a new console, or if those notions should be abandoned entirely. Iwata responded that the way games are being played is changing, especially between Japan and overseas markets, and part of NX's "brand new concept" is taking the varied playing environments of different countries into consideration. Hit the jump for his full statements.