Sony Builds PlayStation 3 in Brazil

Sony Builds PlayStation 3 in Brazil

MAY 8, 2013 • Rather than continue with negotiations with the Brazilian government to lower import duties on video game hardware like the PlayStation 3, Sony Computer Entertainment has followed the example of Microsoft Corp. and is now making PS3s in Brazil. Production of the 250GB model by Sony Brasil Ltda is now under way in Manaus located in the state of Amazonas. The suggested retail price of the console will be cut from 1,599 ($799) Real to 1,099 ($549) Rea.....

Vita Price Slashed In Japan

FEB. 19, 2013 • In its first broad move since announcing that PlayStation Vita first-year targets had been reduced down to 7 million units sold by March 31, Sony Computer Entertainment said street Vita prices in Japan would be reduced significantly on Feb 28.  On that date, both the ¥29,980 ($320) 3G and the ¥24,980 ($266) WiFi models would now retail at ¥19,980 ($213). No price changes were an.....

India Xbox 360 Prices Raised

AUG. 24, 2012 • Redington Ltd., the India Xbox 360 distributor, announced increases in street prices for the game system. The 4GB model now costs Rs 15,990 ($288) up from Rs 14,990 ($269), the 250GB system went from Rs 21,990 ($395) to Rs 24,990 ($449), and the 4GB with Kinect bundle saw an increase to Rs 26,990 ($485) from Rs 24,990 ($449). Redington did not provide a reason for the increases, but Indian retailers assumed the decreasing value of the Rupee was t.....

Korean Game Publishers Post Financial Results

Aug. 9, 2012 • Financial results are in for several Korean game publishers.  Nexon Co., Ltd. saw its total revenue increase 12% to ¥22,876 million ($291 million) during the second quarter ending June 30. The bright spot was results from China, which saw an increase in revenue of 38% to ¥10,737 million ($136.7 million). Revenue in Korea and North America remained unchanged compared to the same period last year at ¥6,251 million ($79.6 million) and ¥1,515 mil.....

Call of Duty Online Set For China

JULY 3, 2012 • Activision Blizzard, Inc. and Tencent Holdings Ltd. confirmed their partnership to release Call of Duty Online in China. The title has been in development for the last two years, and has been built upon the multiplayer experience of existing Call of Duty titles. Tencent says Call of Duty Online will introduce a new gaming model designed specifically for the Chinese market that gives players greater options to better personalize their weapons, ch.....

Nexon Acquires inBlue

JUNE 28, 2012 • Looking to bolster its social mobile game development holdings, Nexon Co., Ltd. acquired all outstanding shares of inBlue,inc, which creates content for the GREE and Mobage platforms in Japan. The acquisition comes after the recent purchase of Moyasoft Co., Ltd., a Korean social game deve.....

Interview: Game Insight’s Swift Success

MAY 22, 2012 • There are plenty of charming stories to be found amongst the growing number of social and mobile game start-ups, and Game Insight is one of the more compelling tales. Four friends, all women in the Russian gaming industry, half-jokingly pondered during a casual conversation how well they could do if they started their own company together. And maybe not so surprisingly the group decided to act on that impulse. I.....