Sega to cease Dreamcast production

Not killing it yet, though


Sega has brought its Dreamcast project to an end, according to a report in Japan's Nikkei newspaper. The article claims production will cease come 31 March, not coincidentally the last day of Sega's current fiscal year.

Or will it. Sega US, for one, is saying the story isn't true.

The story appears to follow on from earlier reports that Sega has commenced a plan, outlined last November, to develop software for Sony's PlayStation 2 and Microsoft's Xbox. That claim yesterday resulted in Sega's share price rocketing up 19 per cent.

The cost of promoting Dreamcast to an ever-decreasingly interested market has already cost Sega the chance of reporting a profit this financial year. The company will now report a loss of ¥22.1 bilion for it's fouth loss-making year in a row.

According to Nikkei, Sega is preparing five PlayStation 2 titles and two more for Nintendo's GameBoy Advance, which is due to ship in the March/April timeframe.

According to Sega US' senior spin doctor, Charles Belfield, however, "Sega remains committed to the Dreamcast format going forward".

Belfield's comments don't inherently contradict Nikkei's claim. The paper reckons that Sega will continue to market Dreamcast through 2001 - it simply won't be making any more come March.

That's not so far off comments from Sega's president back in 1999 that Dreamcast might well be the company's last console. Certainly by the end of 2001, when Microsoft launches Xbox, Dreamcast will have reached the end of its expected lifespan. It first shipped in November 1998. In the circumstances, it seems unlikely that Sega will want to spend millions of Yen developing a successor. ®

Related Stories

Sega shares surge ¥200 on PS2 code claim
Sega moots console hardware exit


Other stories you might like

  • North Korea pulled in $400m in cryptocurrency heists last year – report

    Plus: FIFA 22 players lose their identity and Texas gets phony QR codes

    In brief Thieves operating for the North Korean government made off with almost $400m in digicash last year in a concerted attack to steal and launder as much currency as they could.

    A report from blockchain biz Chainalysis found that attackers were going after investment houses and currency exchanges in a bid to purloin funds and send them back to the Glorious Leader's coffers. They then use mixing software to make masses of micropayments to new wallets, before consolidating them all again into a new account and moving the funds.

    Bitcoin used to be a top target but Ether is now the most stolen currency, say the researchers, accounting for 58 per cent of the funds filched. Bitcoin accounted for just 20 per cent, a fall of more than 50 per cent since 2019 - although part of the reason might be that they are now so valuable people are taking more care with them.

    Continue reading
  • Tesla Full Self-Driving videos prompt California's DMV to rethink policy on accidents

    Plus: AI systems can identify different chess players by their moves and more

    In brief California’s Department of Motor Vehicles said it’s “revisiting” its opinion of whether Tesla’s so-called Full Self-Driving feature needs more oversight after a series of videos demonstrate how the technology can be dangerous.

    “Recent software updates, videos showing dangerous use of that technology, open investigations by the National Highway Traffic Safety Administration, and the opinions of other experts in this space,” have made the DMV think twice about Tesla, according to a letter sent to California’s Senator Lena Gonzalez (D-Long Beach), chair of the Senate’s transportation committee, and first reported by the LA Times.

    Tesla isn’t required to report the number of crashes to California’s DMV unlike other self-driving car companies like Waymo or Cruise because it operates at lower levels of autonomy and requires human supervision. But that may change after videos like drivers having to take over to avoid accidentally swerving into pedestrians crossing the road or failing to detect a truck in the middle of the road continue circulating.

    Continue reading
  • Alien life on Super-Earth can survive longer than us due to long-lasting protection from cosmic rays

    Laser experiments show their magnetic fields shielding their surfaces from radiation last longer

    Life on Super-Earths may have more time to develop and evolve, thanks to their long-lasting magnetic fields protecting them against harmful cosmic rays, according to new research published in Science.

    Space is a hazardous environment. Streams of charged particles traveling at very close to the speed of light, ejected from stars and distant galaxies, bombard planets. The intense radiation can strip atmospheres and cause oceans on planetary surfaces to dry up over time, leaving them arid and incapable of supporting habitable life. Cosmic rays, however, are deflected away from Earth, however, since it’s shielded by its magnetic field.

    Now, a team of researchers led by the Lawrence Livermore National Laboratory (LLNL) believe that Super-Earths - planets that are more massive than Earth but less than Neptune - may have magnetic fields too. Their defensive bubbles, in fact, are estimated to stay intact for longer than the one around Earth, meaning life on their surfaces will have more time to develop and survive.

    Continue reading

Biting the hand that feeds IT © 1998–2022