Tencent shifts focus to in-house game development and non-conventional game design.

Tencent, the world's largest video game company, is shifting focus towards developing more in-house games and fewer large foreign franchise games for smartphones. This strategic pivot aims to address thin margins associated with developing big-name Western franchises for mobile phones and to counter success of rivals such as NetEase with niche products that offer new takes on gaming. Tencent will be more selective in its approach, focusing on fewer bigger budget games and taking risks on non-conventional game design.

March 21, 2024
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