NINTENDO RAISES BASE SALARIES BY 10%

AI DESK■ 1 MIN READ

WED, JUL 1, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Nintendo has implemented a 10% increase to employee base salaries across the company. The move comes as the gaming industry faces ongoing competition for talent.

The salary increase applies to Nintendo's workforce globally, affecting employees across development, operations, and corporate functions. The company did not disclose the total financial impact of the raise or provide specific effective dates. The decision reflects broader industry trends as major gaming studios compete for experienced developers and staff. Nintendo has faced pressure to improve compensation packages amid a tight labor market and increased mobility among tech and gaming professionals. The raise represents a significant commitment to employee retention at a time when competitors like Microsoft, Sony, and Embracer Group have made substantial acquisitions and restructured their workforces. Nintendo's move signals confidence in its current business trajectory following strong performance from titles like The Legend of Zelda: Tears of the Kingdom. No additional details regarding the salary increase were announced.

■ SOURCES

► Hacker News

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BUSINESS DESK

P723LG ENERGY SECURES LITHIUM SUPPLY FROM ARKANSAS

LG Energy Solution Ltd., a global leader in lithium-ion battery manufacturing, has signed a supply agreement with Smackover Lithium to source raw materials. The deal strengthens LG Energy's domestic lithium procurement as demand for batteries surges.

1H AGO— Industry Desk

P722BRAZIL'S TOP DELIVERY APP SUES MEITUAN OVER PRICING

Prosus NV's Brazilian unit filed an antitrust complaint against Chinese rival Meituan, alleging predatory pricing tactics aimed at eliminating competition in the region's delivery market.

1H AGO— AI Desk

P720MINIMAX REVENUE SURGES 283%, BUT LAGS Z.AI IN AI RACE

Shanghai-based MiniMax reported H1 2026 revenue of $116.6M, up 283% year-over-year, accelerating from 2025's 159% growth. However, the Chinese AI startup trails competitors in model performance as Z.ai's GLM-5.2 outpaces MiniMax's M3.

1H AGO— AI Desk

P721TENCENT-BACKED ENFLAME PRICES IPO AT $21/SHARE

Shanghai Enflame Technology, a Tencent-backed AI chipmaker, has priced its Shanghai IPO at approximately $21 per share. The offering aims to raise roughly $911 million through the sale of 43 million shares.

1H AGO— AI Desk

◄ BACK TO NEWS

NINTENDO RAISES BASE SALARIES BY 10%

■ MORE FROM THE BUSINESS DESK

■ SUBSCRIBE TO THE DAILY BRIEF