Nintendo stung by $1 billion piracy attack

Nintendo has announced that it is $975m (£497m) worse off due to the rife piracy which drains money from its DS and Wii console enterprises. The Japanese company singled out Korea, China, Brazil, Hong Kong, Mexico and Paraguay as the places where piracy of Nintendo games is most common.

"The unprecedented momentum enjoyed by Nintendo DS and Wii makes Nintendo an attractive target for counterfeiters," said Jodi Daugherty, Nintendo of America's senior director of anti-piracy.

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