This year, Nintendo is set to release the long-awaited Switch 2 console.

• On Thursday, Nintendo unveiled its new Switch 2 console through a video trailer, highlighting its larger screen and improved joy controllers.
• Nintendo has announced that it will reveal more details about the Switch 2 during its next "Nintendo Direct" online event on April 2, but has not yet provided a release date.
• The new Switch model is capable of playing old Switch games.

The company announced that its long-awaited new Switch 2 hybrid will be available this year, boasting a larger screen and controllers, as it aims to revitalize its struggling hardware business.

The Switch 2 was showcased in a video trailer, with the initial footage featuring the current version of the console. The trailer then demonstrated the detachment of the two "joy-con" controllers, which expanded the size of the tablet they attached onto. The joy cons were then shown growing in size and changing to a matte black color.

The joysticks and controller covers are available in light blue and red variations. The joy con covers can connect magnetically to the Switch 2's main tablet when removed, allowing for easy propping up or docking to play via a home TV.

The Switch 2's kickstand has been enhanced with a U-shaped design that allows it to be positioned further back, almost flat on a surface. The device's appearance resembles the mock-ups that were leaked online prior to its official unveiling.

Nintendo has announced that it will reveal more details about the Switch 2 during its next "Nintendo Direct" event on April 2, including the fact that the new model is backward compatible and users will be able to play old Switch games on it.

Nintendo is anticipating that the Switch 2 will increase console sales. The current-generation Switch was launched in March 2017 and has now been in use for almost eight years. Typically, console manufacturers wait around six to seven years before introducing a new model.

Nintendo's net profit decreased by 69% year-over-year to 27.7 billion Japanese yen in the September quarter, while its revenues fell 17% to 276.7 billion Japanese yen.