Posts Tagged ‘online game’
Microsoft’s New Gaming Device Will Not Be Sold In Chinese Mainland
July 20th, 2010
Michel van der Bel, chief operating officer of Microsoft China, has revealed to the Chinese local media that due to policy limit in China, Microsoft’s Xbox 360 video game console and the newly-developed Kinect controller-free gaming device will not be sold in the Chinese mainland market. However, Microsoft displayed the new Kinect-based games to its [...]
Ministry Of Culture Issues Chinese Rules For Internet Games
June 22nd, 2010
To ensure an efficient management of the online games industry and make sure prominent problems of the industry are solved, China’s Ministry of Culture has issued a provisional measure on the management of online games.
As the first ministerial level regulation on computer games, the 39-clause provisional measure gives clear stipulations on the content, market subject, [...]
Kingsoft Confirms Establishment Of Independent Security Company In China
April 14th, 2010
Chinese software and online game provider Kingsoft has confirmed that it will formally announce the partition of its security business and the establishment of an independent security company named Beijing Kingsoft Security Software Company Limited on April 15, 2010.
With the establishment of the new security company, Kingsoft will launch the 2011 edition of its anti-virus [...]
China’s Kingsoft Net Profit Up 26% In 2009
March 29th, 2010
Chinese software and online game provider Kingsoft has published its annual financial report for 2009, stating that its total operating revenue for 2009 increased by 25% year-on-year to CNY1.022 billion, including 67% contributed by the online game business and 32% from software.
Kingsoft said that the operating revenue of its online game sector was CNY684.2 million [...]
China’s Kingsoft Forms Partnership With Thailand’s Asiasoft
March 5th, 2010
Chinese software and online games company Kingsoft has announced that its Kingsoft Duba has reached cooperation with Thai online game operator Asiasoft, and the two parties will jointly launch a Thai-language edition of Kingsoft Duba.
This move marks Kingsoft’s formal entry into the Thai market and it is also the company’s first major measure in the [...]
Initiative Launched For Parents To Supervise Online Games In China
February 16th, 2010
According to ifeng.com, an initiative has been launched in China to enable parents to supervise computer games that their children play.
The first batch of six online game operators who joined the initiative are Wanmei.com, Tencent, Shanda, Netease, Changyou and Giant Interactive. As initiators of the self-discipline program, the parties will arrange a special webpage on [...]
NetEase Gains Chinese Government Approval To Operate Online Game
February 13th, 2010
Chinese Internet media company NetEase.com Inc. now has approval to run its World of Warcraftmore….
More Computer Game Companies Exposed For Illegal Operations In China
November 5th, 2009
Coming days after word that NetEase.com was illegally running its World of Warcraft game, China’s Ministry of Culture has issued a circular which exposes 188 computer games companies for illegal operations.
These 188 companies were said to be the seventh batch of illegal games operators ever exposed by China’s Ministry of Culture.
Among the 188 companies, 14, [...]
Investors Attack The9 For Alleged Inaccurate Financial Statements About Chinese Online Games
October 22nd, 2009
A law firm in the United States is going after Chinese online gaming firm The9 in a new class action lawsuit claiming that The9′s executives made inaccurate statements about the company’s financial situation.
Coughlin Stoia Geller Rudman & Robbins LLP announced that a class action has been commenced in the United States District Court for the [...]
Chinese Game Regulations Cause Giant Interactive’s Revenue To Fall
October 5th, 2009
Taking advantage of the weeklong national holiday in China, online game development company Giant Interactive Group Inc. has tried to sneak through a press release that should cause alarm for investors.
Giant Interactive announced that after a preliminary review of its third quarter 2009 performance, it expects third quarter 2009 revenue to be between CNY272.0 million [...]
