When a licensing deal between Activision Blizzard and Chinese game firm NetEase expires on January 24, 2023, many popular games such as World of Warcraft and Hearthstone will suspend services in mainland China.
Chinese game developer miHoYo on November 24 announced the formal dissolution of Project SH, a game product led by Cai Haoyu, the co-founder and CEO of the firm and producer of Genshin Impact.
Blizzard Entertainment, a leading game developer and publisher based in California, announced that it will not renew its licensing deal with Chinese game developer Netease. Chinese game company miHoYo was rumored to take over the deal.
Shanghai-based video streaming platform Bilibili reportedly sent an internal email on November 4 regarding forthcoming adjustments to its games business unit.
The R&D strength of Chinese game developers is increasingly gaining recognition among global industry giants. And Microsoft is increasing investment to search for more Chinese game developers.
A defamation case brought about by Shanghai-based game developer Moonton Technology against Tencent has recently reached a conclusion. Tencent was ordered to compensate Moonton for losses and expenses totaling 220,000 yuan ($30,800).
According to a report released by Sensor Tower on August 9, a total of 39 Chinese firms were listed in the publisher's top 100 global mobile game revenue list in July. In total, these companies garnered more than $2.03 billion.
Shanghai-based video game developer miHoYo announced on July 22 that it will start small-scale closed beta testing with deleted files for a new game called "Zenless Zone Zero" at 10:00 on August 5.
The headquarters of HoYoverse, a global interactive entertainment brand owned by game developer miHoYo, was recently opened in Singapore.
GoerTek, a Chinese company in the acoustic, optical and microelectronics industries, and its holding subsidiary, Tongge Ventures, signed a partnership agreement with two game developer - miHoYo and 37 Interactive Entertainment.
Beijing-based video game developer and publisher, Perfect World, released its semi-annual performance forecast for 2022. From January to June this year.
Beijing-based mobile game developer Shizhisha became a wholly-owned subsidiary of Bilibili.
Tencent's Interactive Entertainment Group (IEG)'s TiMi Studio Group was reorganized on Thursday. The original TiMi J3 Studio has been adjusted to Y1, Y2 and Y3 studios, which is makes things easier for TiMi to cover all types of first-person shooter games.
"Shiguang Mengxing", a plot-based mobile game which was distributed by Chinese video streaming platform Bilibili, announced on Wednesday that it will be shut down at 11:00 am on August 8.
Tencent's overseas distribution brand, Level Infinite, announced on Tuesday that it will launch the international version of TiMi Studio Group's MOBA game Honor of Kings before the end of this year.
"Genshin Impact" ranked first on April's revenue list for Chinese mobile games currently operating overseas, followed by "PUBG Mobile" and "State of Survival."
Tencent Games has set up a new studio in Liverpool, UK, led by Pete Smith, VP of partnerships for Tencent Games Global.
On Thursday, miHoYo, the developer of internationally popular action role-playing game "Genshin Impact," clarified that the Nintendo Switch version is still under development.
Genshin Impact, an open-world RPG owned by Chinese video game developer miHoYo, has approached nearly $2.7 billion in global users since its launch in September 2020.
Yunshang Yuyi, a mobile game developed by Seasun Entertainment and distributed by Tencent Games, canceled the original service suspension announcement.