Nintendo closing down Nintendo Phuten (subsidary company in Taiwan)

I wonder what the end goal of this move is.

Maybe Nintendo is gearing up for something more substantial in mainland China?

Maybe Nintendo wants to consolidate their distribution-related subsidiaries and this is part of a greater restructuring effort?

Who knows.
Probably just cutting costs. I've seen videogames sold in other SE Asian countries where Nintendo (or Sony) don't have an official presence; they're usually just imported from HK.