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  Nintendo to launch snazzier console
Time: 00:00 EST/05:00 GMT | News Source: Reuters | Posted By: Todd Richardson

Nintendo, creator of "Pokemon" video games, said on Thursday it planned to launch a next-generation home game console in 2005 or 2006 in a move to restore its clout in the lucrative home video game market. "We are developing a new home video game console with a plan to release the new system around the same time as rival makers do," President Satoru Iwata said.

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