Chinese game developers NetEase and Tencent are slowly increasing their efforts in American and European countries amidst repressive Chinese Covid regulations.
Key Points:
- Chinese mobile game developers NetEase acquired European AAA game developers Quantic Dreams.
- The studio has already started developing a new Star Wars game called Star Wars Eclipse.
- This is a collective effort of Chinese developers NetEase and Tencent to acquire overseas studios to boost their developmental efforts due to repressive Covid policies in China.
Chinse mobile game developers and publishers NetEase Games acquired French game developers Qnatic Dreams on Wednesday, 31st August 2022. This is their first effort to oversee game development in overseas markets.
18-year-old NetEase has been popular so far in creating many successful mobile games like Onmyoji Arena, Identity V, Marvel Super Wars, Knives Out, and even the mobile port of Dead by Daylight. The company also has developed the popular PC battle royale game Naraka Bladepoint. They are also developing a new mobile game called Harry Potter: Magic Awakening alongside Warner Bros. Studios.
On the other hand, 25-year-old French game developer Quantic Dreams have released critically acclaimed console and PC titles like Detroit: Becoming Human, Heavy Rain, and Beyond: Two Souls.
This decision to buy overseas gaming studios comes from the strict Covid and gaming policies made by the Chinese government. The government has enforced a new law stating that gamers under the age of 18 can play video games for only 3 hours every day. This effectioveky slowed down revenues for Chinese game developers.
Their first effort into gaming will be with the development and release of a new Star wars game called Star Wars: Eclipse. Another title called The Lord of the Rings: Rise to War is already under development.
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