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Forums - Gaming Discussion - Hypothetical not bold prediction: Tencent gonna compete with big 3 in console race probably next 5 years?

Tencent just bought Sumo Digital , they have leyou's under their belt too , In the future they'll announce their first Chinese console it'll try to take out Sony and Microsoft with Tencent probably having better first party than Sony , Unless Sony buys Square? if Tencent acquire another big one? Taketwo? or someone? They are worth 750 billion they can afford activision maybe?

Last edited by dx11332sega - on 19 July 2021

I game on all consoles and PC

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I would love to see it

The more hardware manufacturers the better. I really hate we have only 3 hardware options available when for smartphones and PCs the options are plentiful



Tencent have been largely hands off with all their acquisitions. And while Sumo may be a very big buy, let's not forget that they are known mostly for working on IP's that don't belong to them.

Honestly, even with another acquisition, Tencent don't offer, as far as I can tell, enough IP to really make their own hardware that compelling compared to the existing ones. But I'll admit I don't know a lot of what IP Tencent now own.



I just hope Tencent don't buy a Ubisoft or a capcom those 2 have so many franchises it's not even funny anymore ? add one of these to Tencent portfolio of leyous and sumo digital and they are capable of starting a console if not neither those 2 they might acquire few medium big ones along the road? Or a surprise purchase like a konami?



I game on all consoles and PC

twintail said:

Tencent have been largely hands off with all their acquisitions. And while Sumo may be a very big buy, let's not forget that they are known mostly for working on IP's that don't belong to them.

Honestly, even with another acquisition, Tencent don't offer, as far as I can tell, enough IP to really make their own hardware that compelling compared to the existing ones. But I'll admit I don't know a lot of what IP Tencent now own.

Majority Stakes

  • Riot Games (100%) - League of Legends, Valorant
  • Funcom (100%) - Conan Exiles
  • Leyou; Digital Extremes, Splash Damage, Athlon Games (100%) - Warframe, All Telltale IP
  • Sharkmob (100%)
  • Sumo Group (100%) 
  • Supercell (84%) - Clash IP
  • Grinding Gear Games (80%) - Path of Exile
  • Miniclip (Majority)
  • Klei Entertainment (Majority) 
  • Yager (Majority)
  • Bohemia Interactive (Majority) - DayZ, ARMA

Minority Stakes

  • Epic Games (40%) - Fortnite
  • Fatshark (36%) - Warhammer
  • Dontnod (22%) 
  • Marvelous; Xseed (20%)
  • Frontier (9%) - Elite Dangerous
  • Activision (5%)
  • Ubisoft (5%)
  • Paradox (5%)
  • Remedy (3.8%)
  • Roblox (Undisclosed)
  • PlatinumGames (Undisclosed)

I'd agree they won't do their own console, they do own some big IPs but they're already available everywhere else, it might work in China where Tencent owns a massive chunk of the gaming market but that's China. Unless they rip all these IP off platforms they're already on, I can't see a console taking off.

But Tencent is rapidly investing, they've invested in or acquired 62 gaming related companies in this year alone which is double their 2020 amount so who knows how things change even a year from now, there is a rumour (from some tabloid trash) that they're looking into acquiring Crytek next.

If they did a console they could probably leverage their minority stakes to get multiplatform support at minimum but I'm still not convinced it would be a success, I think it's more likely that Tencent creates some sort of Game Pass/xCloud competitor in the future or just sticks to what they're doing right now, don't need to change what is already working for them.

Last edited by Ryuu96 - on 19 July 2021

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The 2 main Studios that can handle Tencent for Sony, is if Sony buys Square Enix and From Soft which both studios are super close to Sony  which I like alot.Sony having those 2 would not let the Hypothetical suped-uped Tencent do to much damage if were to ever buy Ubisoft or Capcom to best Sony.

Ubisoft Franchise

Farcry series

Splinter Cell

Prince of persia

Rayman

Rainbow six

The Crew

Watchdogs

Assassin Creed

The Division

etc

same with Capcom.

Last edited by dx11332sega - on 19 July 2021

I game on all consoles and PC

Ryuu96 said:
twintail said:

Tencent have been largely hands off with all their acquisitions. And while Sumo may be a very big buy, let's not forget that they are known mostly for working on IP's that don't belong to them.

Honestly, even with another acquisition, Tencent don't offer, as far as I can tell, enough IP to really make their own hardware that compelling compared to the existing ones. But I'll admit I don't know a lot of what IP Tencent now own.

Majority Stakes

  • Riot Games (100%) - League of Legends, Valorant
  • Funcom (100%) - Conan Exiles
  • Leyou; Digital Extremes, Splash Damage, Athlon Games (100%) - Warframe, All Telltale IP
  • Sharkmob (100%)
  • Sumo Group (100%) 
  • Supercell (84%) - Clash IP
  • Grinding Gear Games (80%) - Path of Exile
  • Miniclip (Majority)
  • Klei Entertainment (Majority) 
  • Yager (Majority)
  • Bohemia Interactive (Majority) - DayZ, ARMA

Minority Stakes

  • Epic Games (40%) - Fortnite
  • Fatshark (36%) - Warhammer
  • Dontnod (22%) 
  • Marvelous; Xseed (20%)
  • Frontier (9%) - Elite Dangerous
  • Activision (5%)
  • Ubisoft (5%)
  • Paradox (5%)
  • Remedy (3.8%)
  • Roblox (Undisclosed)
  • PlatinumGames (Undisclosed)

I'd agree they won't do their own console, they do own some big IPs but they're already available everywhere else, it might work in China where Tencent owns a massive chunk of the gaming market but that's China. Unless they rip all these IP off platforms they're already on, I can't see a console taking off.

But Tencent is rapidly investing, they've invested in or acquired 62 gaming related companies in this year alone which is double their 2020 amount so who knows how things change even a year from now, there is a rumour (from some tabloid trash) that they're looking into acquiring Crytek next.

If they did a console they could probably leverage their minority stakes to get multiplatform support at minimum but I'm still not convinced it would be a success, I think it's more likely that Tencent creates some sort of Game Pass/xCloud competitor in the future or just sticks to what they're doing right now, don't need to change what is already working for them.

Tencent Ain't letting that 5% ownership go of Ubisoft.



I game on all consoles and PC