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GMIC SV Speaker Niccolo de Masi: Glu Mobile Set to Gain Revenue from iPhone 5 Games This Year

With analysts predicting that the iPhone will sell 33 million units this quarter, popular game-maker Glu Mobile expects to see a boost in sales this year, with two-thirds of its revenue coming from Apple’s iOS mobile platform, says CEO Niccolo de Masi. Predicting that revenue will reach between $94.4 million and $96.4 million in its…

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Posted in Games, Mobile Comments

Chinese Mobile Gaming Company CMGE Planning Spin-off on NASDAQ Sept. 25th

While the Chinese tech scene continues to grow at a rapid clip, investor interest has been rather lukewarm this year. Still, many companies continue to hold aspirations for a turnaround and one company in particular, top mobile game company CMGE (China Mobile Games and Entertainment Group) and subsidiary of VODone, is planning to IPO on…

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Posted in Games, Mobile Comments

Tencent Issuing Bonds, Rumored to Be Targeting Activision Blizzard

Making some of its expansion ambitions more apparent to the Hong Kong financial community, commencing this Thursday, Tencent is issuing $600 million worth of bonds to raise money for “general corporate purposes,” stating that it will be using the funds mainly to refinance offshore loans (statement here).  Some believe, however, that Tencent intends to use…

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Posted in Games, Industry Leaders Comments

Kabam Embraces Mobile, Moves Away from Facebook

Traditionally tied with Facebook for most of its existence, maker of popular games Kabam is in the process of moving to mobile with its latest game entitled Arcane Empires, and they are very excited about the prospects of the new platform. This is a significant change considering it was only last year that their efforts…

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Posted in Games, Mobile Comments

Android Games in China May Overtake iOS Games in Q3

Some predict that Android may perform better than iOS in revenue in Q3 this year. Revenue for games on iOS has seen no change in the past eight months, while Android game revenue has multiplied by five or six fold. One reason may be that Android game developers face fewer technological obstacles when developing games now….

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Posted in Games, Mobile Comments

Android Mobile Games Lack Innovation in China

At the tenth China Joy in Shanghai, mobile games drew a lot of attention from developers and platform providers. Providers tried to find the ideal teams and products, while developers sought effective operating platforms. Most of them focused on the Android operating system. Gameloft was one such participant at China Joy, though the mobile game…

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Posted in Games, Mobile Comments

China Joy CGDC: Social Mobile Games Are Slightly Hilarious Though Not Yet Viable

People carry their phones wherever they go these days. According to Jiashen, CEO of Chocobots, “These days approximately 30% of people carry their phones with them to the bathroom.” “Of course,” says Samson Mow, CEO of Pixelmatic, “everything is about notifications” when it comes to social mobile, including unexpected messages you receive in the bathroom…

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Posted in Games, Mobile Comments

First Look at China Joy 2012

Apart from the throngs of women putting on their makeup in cafés, subway stations and street corners this morning, for the time being there is little to report at China Joy 2012. Hundreds of gaming companies show up for China Joy 2012 every year, some to present games, others to present products, though a vast majority…

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Posted in Games, Mobile Comments

Zynga Wants to Help Chinese Games Move Overseas

Zynga China has just commenced its Mobile Publishing Program, looking to find Chinese game developers and companies that want to market themselves abroad. With respect to these developers and their products, Zynga has said that it is looking for a few strict requirements: high quality games only, virtual prop design capability and capacity for overseas…

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Posted in Games, Mobile Comments

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