Yes, you read well. There won't be a proper Zelda game for Wii U as it is moved below the table quietly to the Wii U succesor.
WWHD - 2013
Hyrule Warriors - 2014
TPHD - 2015
Zelda HD for Wii U succesor at launch (like the Wii) - 2016
Proud to be the first cool Nintendo fan ever
Number ONE Zelda fan in the Universe