Thursday, October 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Returns To Chat Roots With Rooms App
Sony SmartWatch 3 And LG G Watch R Are Rolling Out With Updated Android Wear Software
New Nvidia Driver Enable DSR On Older Graphics Cards
GT Advanced Technologies Reaches Settlement Agreement With Apple
Google Is Teaming up with Oxford University on Artificial Intelligence
Bonhams Sells Apple Computer For 905K USD
BofA Double-Charged Apple Pay Customers
Microsoft To Retire The Xbox Music Streaming Feature
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > Games > PS4 To ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, May 26, 2014
PS4 To Enter The Chinese Market Through Sony JV


Sony's PS4 will debut in China through a joint venture of the Japanese company with China's Shanghai Oriental Pearl Group Co Ltd.

The Japanese company is setting up two joint ventures with local Chinese company Shanghai Oriental Pearl Culture Development, it said Monday. Both joint ventures, one focused on hardware and the other on software, will be established in a new free trade zone in Shanghai. China is allowing gaming console makers located in the zone to sell their systems to the rest of the country.

A Sunday stock exchange filing from Shanghai Oriental Pearl's parent company shows that Sony will have a 49 percent stake in one of the joint ventures, and a 70 percent stake in the other.

Sony confirmed the deals but did not provide further details.

China is a difficult market for games consoles, which were banned from 2000 until last January. Piracy and smuggling of consoles is part of the market, and local games developers and publishers typically offer games free and gest profit by selling in-game upgrades like extra lives and special weapons.

But Sony 's PlayStation 4's online game network service could the company avoid game piracy issues.

Sony sees the PlayStation 4 as the key driver of its network and streaming services business, Chief Executive Kazuo Hirai said on Monday.

Microsoft and its joint-venture partner BesTV New Media Co Ltd have already announced they would launch Microsoft's flagship Xbox One games console in China.




Previous
Next
KINGMAX Announces The SMG TITAN SSDs        All News        Panasonic To Exit OLED Business: report
Nintendo Says MARIO KART 8 Sells More Than 1 Million Units Over First Weekend     Games News      Xbox One System Update Brings Support For External Storage And Real Names

Get RSS feed Easy Print E-Mail this Message

Related News
PS4 System Update Brings USB Music Player, New Home Screen Colors, More
Playstation 4 Gets New Features, Exclusive Titles
New Game Consoles are Reenergizing the Video Game Market, Shows Gaming Study
Surgery Simulator Announced For PS4
Sony Set The Stage For a Strong Year for the PS4
Sony Sells More Game Consoles Than Nintendo
Sony And Microsoft On The E3 2014 Battlefield
Latest Game Consoles Guzzle massive Amout Of Electricity, Study Finds
PS4 Continues To Lead U.S. Console Sales
Microsoft To Unbundle Kinect and Xbox One, PlayStation 4 Wins the Game Console Race: IDC
Major PS4 System Update Out Tomorrow
PlayStation 4 Sales Surpass 7.0 Million Units

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .