Neo Geo 3

The Neo Geo 3 is a home video game console developed by SNK, and the successor to the Neo Geo CD. It was released on October 9, 2019. It was SNK's second console to use optical discs and the first to use 3D graphics. It was announced as a way to re-enter the home console market and avoided the flaws of the Neo Geo Mini and the Neo Geo X. SNK chose the Blu-ray Disc for the physical medium because of its place in the video game industry. The console began as a Kickstarter project on July 6, 2018, with a planned goal of $750,000 to be pledged and ran for 2 months. By the end of its campaign, the project earned $831,304 of its $750,000 goal, and development of the console began in late-2018 before finally being released on October 9, 2019.

Because of the cult following of the brand, the launch price was raised from 300 USD to 600 USD. It was criticized for this, with critics comparing the launch price with that of original Neo Geo. In March 2019, the launch price was lowered to 400 USD.

SNK will continue to work on games for the Neo Geo 3's rival consoles, which include the and Theorysonic Swift, but at a slower pace.