Tencent Takes CJ Games Stake

MARCH 28, 2014 • Tencent Holdings Ltd. continued its investment in significant game companies taking a 28% stake in South Korea’s CJ Games Corp for $500 million. The latter is one of the largest mobile game publishers in Korea and is a subsidiary of the huge CJ Group Pte. Ltd. Tencent now becomes the third-largest shareholder in CJ Games. In conjunction with the Tencent partnership CJ Games will restructure its operations including the acquisition and merg.....

Xbox One to £399 in U.K.

FEB. 24, 2014 • Microsoft Europe has made the decision to drop the price of the Xbox One to £399 ($665) from £429 ($715) in the United Kingdom starting February 28. What’s more that MSRP will extend to the just-announced Titanfall/Xbox One bundle set to release on March 14 in the U.K. In addition to an Xbox One, the bundle includes a digital download of the game, a Kinect sensor, an Xbox One wireless controller, an Xbox One Headset, plus one full month o.....

PlayStation 4 India Launch Set

DEC. 19, 2013 • The next market to get a PlayStation 4 launch will be India on Jan. 6. Sony Computer Entertainment’s new console will retail there for Rs 39,990 ($640). The 12GB PlayStation 3 sells in India for Rs 17,000 ($272), and the 500GB model at Rs 22,990 ($368). The optional PlayStation Eye will sell for Rs 4,990 ($80). First-party PlayStation 4 titles are priced at Rs 3,999 ($64). Sony will launch the console in India with a line-up of 22 first- an.....

Samsung Shifts to Vietnam

DEC. 16, 2013 • Vietnam is becoming the smartphone manufacturing preference for Samsung Electronics Co. The South Korean company currently has 13 manufacturing facilities in China but is leading a wave of Korean firms that are shifting their production to Vietnam. According to the Vietnamese government, South Korean firms had cleared 3,400 investment projects in Vietnam as of August, the fourth highest total. Last March, Samsung started construction on a plant a.....

Blade & Soul A Hit in China

DEC. 6, 2013 • After 18 months of release in South Korea NCsoft’s Blade & Soul entered open beta in China to great success with more than 150 million users registered. The martial arts-themed MMO was heavily localized for the Chinese market by Tencent Holdings Limited, with ambitious voice acting in Mandarin and art changes in order to soften the 18-plus rating the game carries in .....