According to Bloomberg.com, Bandai has decided to slowly withdraw its support of its struggling WonderSwan handheld due to relatively poor sales. In addition, the company has scrapped any plans for future handheld technology, but will continue to manufacture the current WonderSwan Crystal handheld on a per-order basis. Bandai will continue with its plans to release software for the Game Boy Advance, which includes a game based on the company's Digimon series.
We'll post more as it becomes available.