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Business

Despite 'Pokemon Go' craze, watchers wonder: Whither Nintendo?

TOKYO -- Japanese game giant Nintendo, which has led the global entertainment industry and emerged like a phoenix from numerous crises in the past, is now facing a new battle for survival.

"Pokemon Go" has contributed to increasing the number of people playing games.

Nintendo's tough business environment comes a year after the sudden death of its charismatic leader, Satoru Iwata, and despite the worldwide success of the company's new smartphone game, "Pokemon Go."

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