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Soundwave said:

I doubt they will do that. Just because the chip is "low horsepower" doesn't mean it's cheap to make. That's one of Nintendo's issues, they use weird, propietary designs and components (like an IBM PowerPC CPU, tech that no one else in the world really uses anymore) that makes their components more expensive. 

That's also one of the reasons the Wii U is very difficult to drop the price on. 

I have to disagree with you greatly. All of Nintendo's hardware has decreased in price very nicely and the components are very cheap. The reason WiiU is more difficult has nothing to do with the console's hardware and everything to do with the gamepad. The WiiU is already a single chip, it would not be hard or costly to have that chip refined to be in the next console.