What is the history of Nintendo?

In 1889, Nintendo began as a playing cards manufacturer, their Hanafuda play cards were very popular. Later Gunpei Yokoi was reassigned as an engineer with newly formed games division – the first day on his new job Yokoi invented “The Ultrahand” which sold 1.2 million units the first Christmas season for $6 in 1970. The Ultrahand was Nintendo’s first toy, it was a toy arm on an accordion-like extension that kids could use as an extendable claw. Yokoi left Nintendo in August 1996 to set up his own toy company, Koto Co., in Kyoto. On October 27, 1992, Nintendo of America Inc. registered the configuration of its hand-held game machine. Today,  Nintendo released an augmented reality mobile app called Pokémon Go. Developed by Niantic for iOS and Android devices, it was released in the United States and Australia in early July 2016. The game makes use of the GPS and camera on mobile devices to combine the virtual reality of Pokémon with whatever is actually in front of you in real life. The game has taken the world by storm with millions of downloads within the first few days of the launch. Despite adding little revenue, Nintendo’s market value increased by about $9 billion with the release, as the potential for future Pokémon games and franchises was unveiled.

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