Analysts have noted that Nintendo's R&D costs have risen from 14.37 billion to 17.78 billion yen (from $100 million to $124 million) — a 23.7% increase. This does not directly confirm the development of a new device, but players are already discussing an updated or more affordable version of the console.
For now, it is advised to treat this information with caution. Nintendo has not officially announced a new Switch 2. It is only known that the price increase for the console in Japan will take effect on May 25, 2026. If the company is indeed preparing a new model, its presentation will likely take place after this date.
An additional wave of discussion was caused by the code "OSM", which was allegedly found in Nintendo's account system. Some users believe it is related to an unannounced device. Such details surrounding Nintendo often become a reason for new rumors.
Currently, the Nintendo Switch 2 needs new arguments to maintain sales after the price increase. A potential release of an OLED or Lite version could be such a step, but there are no official details yet.