REUTERS: Chinese tech giant Tencent's Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of US$10 billion last year, two people with direct knowledge of the matter told Reuters.
In a recruitment notice last month, a Timi engineer wrote that the company aims to create a new AAA game that resembles the virtual community from the movie Ready Player One, and will"compete head-to-head against big powers from Japan, Korea, Europe and U.S." Tencent aims eventually to derive half its game revenue from overseas, from 23 percent in the fourth quarter of 2019, the most recently available figure.Many major studios are turning to Tencent for support to convert their"hardcore" desktop or console games to mobile. Such games feature long sessions and in-depth storytelling or battles, with some including multiplayer online role-playing or online battle arenas.
Why so little?