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Forums - Gaming Discussion - Playstation In China UPDATE: SOES Now A Thing ($211.5 Million Investment)

Since when did China like anything from Japan?



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ParryWinkle said:
Since when did China like anything from Japan?

Don't you think that Sony now having a studio based in China indicates that Sony are confident history won't matter?

Sony Partners with Shanghai Oriental Pearl to Launch PlayStation in China

by Giuseppe Nelva (7 hours ago) 52

After Microsoft disclosed its plans to launch the Xbox One in China, Sony is following suit, having signed a deal with Shanghai Oriental Pearl Group to launch PlayStation in the country, as it was announced today by the Chinese company:

Shanghai Oriental Pearl Culture Development Co., Ltd. and Sony (China) Co., Ltd., a wholly owned Chinese subsidiary of Sony Corporation, signed a joint venture agreement in the Chinese (Shanghai) free trade zone and jointly funded a joint venture responsible for the production, marketing, Sony Computer Entertainment’s PlayStation hardware, software and related services business in China. 

Shanghai Oriental Pearl Culture Development Co., Ltd. and Sony (China) Co., Ltd. have agreed to jointly set up two companies to be responsible for hardware and software products and services.

The two companies formed will be Shanghai Oriental Pearl Solatube Culture Development Co., Ltd., the capital of which will be formed by a 51% investment from Shanghai Oriental Pearl (RMB 5.1 million) and a 49% investment from Sony China (RMB 4.9 million). Sony will invest 70% of the capital of the second company (RMB 3,066 million), which will be named Sony Computer Entertainment ( Shanghai ) Co., Ltd., while Shanghai Oriental Pearl will pinch in the remaining 30% (RMB 1,314 million).

The total investment for Sony Corporation in the joint venture is RMB 1318.9 million, which translates into slightly south of $211.5 million.

The announcement did not disclose the specific PlayStation consoles that will launch in China, but it did include the mention that the operation will involve local game developers in order to fuel the production of original games for PlayStation platforms and to promote the growth of the Chinese video game industry.

http://www.dualshockers.com/2014/05/25/sony-partners-with-shanghai-oriental-pearl-to-launch-playstation-in-china/



 

The PS5 Exists. 


ParryWinkle said:
Since when did China like anything from Japan?

Prety sure they like and hate all things equally.



Thanks jlmurph!

ParryWinkle said:
Since when did China like anything from Japan?

Well, they also hate America (Xbox) so, fuck it!



TheHaydenator said:
PigPen said:
China is a gold mine. They would be crazy not to jump to it.

I wouldn't be so sure, the restrictions there for video games are absurd. Nothing but Skylanders or Mario will be released there


Oh, I think there is room for nice sales numbers for FIFA, NBA 2K, Gran Turismo, F1, Just Dance...



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AZWification said:

Gaming will flop in China (for the most part), because hardcore gamez like Call of Duty won't come out there!

No COD, no life. 



                                                                                                               You're Gonna Carry That Weight.

Xbox One - PS4 - Wii U - PC

GribbleGrunger said:
ParryWinkle said:
Since when did China like anything from Japan?

Don't you think that Sony now having a studio based in China indicates that Sony are confident history won't matter?

Sony Partners with Shanghai Oriental Pearl to Launch PlayStation in China

by Giuseppe Nelva (7 hours ago) 52

After Microsoft disclosed its plans to launch the Xbox One in China, Sony is following suit, having signed a deal with Shanghai Oriental Pearl Group to launch PlayStation in the country, as it was announced today by the Chinese company:

Shanghai Oriental Pearl Culture Development Co., Ltd. and Sony (China) Co., Ltd., a wholly owned Chinese subsidiary of Sony Corporation, signed a joint venture agreement in the Chinese (Shanghai) free trade zone and jointly funded a joint venture responsible for the production, marketing, Sony Computer Entertainment’s PlayStation hardware, software and related services business in China. 

Shanghai Oriental Pearl Culture Development Co., Ltd. and Sony (China) Co., Ltd. have agreed to jointly set up two companies to be responsible for hardware and software products and services.

The two companies formed will be Shanghai Oriental Pearl Solatube Culture Development Co., Ltd., the capital of which will be formed by a 51% investment from Shanghai Oriental Pearl (RMB 5.1 million) and a 49% investment from Sony China (RMB 4.9 million). Sony will invest 70% of the capital of the second company (RMB 3,066 million), which will be named Sony Computer Entertainment ( Shanghai ) Co., Ltd., while Shanghai Oriental Pearl will pinch in the remaining 30% (RMB 1,314 million).

The total investment for Sony Corporation in the joint venture is RMB 1318.9 million, which translates into slightly south of $211.5 million.

The announcement did not disclose the specific PlayStation consoles that will launch in China, but it did include the mention that the operation will involve local game developers in order to fuel the production of original games for PlayStation platforms and to promote the growth of the Chinese video game industry.

http://www.dualshockers.com/2014/05/25/sony-partners-with-shanghai-oriental-pearl-to-launch-playstation-in-china/

Sony doesn't have 200 million to blow =] is what I'm told frequently.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

DonFerrari said:

Sony doesn't have 200 million to blow =] is what I'm told frequently.


It's going to be interesting to see what the Chinese division of Sony produce in terms of games. I hope they come to the West eventually.



 

The PS5 Exists. 


People are getting confused I think... this is SOE... online games, not necessarily the PS4... this market is massive in China... some good money to be made there.



Making an indie game : Dead of Day!

ParryWinkle said:
Since when did China like anything from Japan?


China is Japan's second biggest export market...