Sony Now Has Full Ownership of PlayStation Hardware Distribution in China - News
by William D'Angelo , posted 4 days ago / 11,210 Views
Sony China, the China-based subsidiary of Sony Interactive Entertainment, has acquired the remaining 51 percent in its joint venture with the China-based company Oriental Pearl.
The two companies had partnered in May 2014 to support PlayStation hardware distribution in China. Sony now has full ownership of PlayStation hardware distribution operations in China and has renamed the entity Wanzhanpiwu Cultural Entertainment Development.
This deal will likely strengthen Sony's PlayStation hardware business in China.
Thanks, investgame.net.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Bluesky.
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"Wanzhanpiwu Cultural Entertainment Development" - this isn't even my final form!
You're operating in China, you have zero control over anything there. The Chinese government allows you to "pretend" that you have ownership.
so true!
It's probably not even worth that much to them right now but it definitely has a ton of potential to grow in the future.
One of console gaming's biggest problems was the lack of growth in the rest of the world ever since the PS2 days, so maybe this can help at last.
True, China and to a lesser extent India are mostly untapped markets but it's a lot easier said than done.
The problem is chinese censorship AND how hostile the chinese gov is for games RN, parobably party why nintendo is waiting on realesing the switch 2 there.
Also nintendo will just have less problems realesing games there vs PS becasue censorship.
For sure. I don't know if the Chinese government will ever allow the market to achieve its true potential.
But can Sony really make a decent share of chinese players choose PS5/6 over PC? It's not really happening worldwide so on such a PC focused market it doesn't seem too likely.
If they can, tho, that would be massive.
True but they had great success with Black Myth: Wukong last year there with a lot of new hardware buyers from that region.
High priced tariff in coming, how will they handle it?
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