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LONDON (Brand Republic) - Nintendo plans to introduce two new internet-ready game consoles, prompting analysts to predict a surge in its share price.

The 32-bit Gameboy Advance is due for launch later this year, followed by a 128-bit model, codenamed Dolphin, early next year. The Dolphin console is Nintendo’s answer to Sega and Sony, who have already launched 128-bit consoles.

Nintendo shares rose to more than 20,000 yen (£126.18) earlier this week, for the first time since March.