190°
Submitted by kungfuvn 630d ago | news

Chinese games industry hits $9.7 billion in 2012

Online gaming accounts for 90 per cent of the industry, mobile a distant second

The Chinese games industry grew 35.1 per cent year-on-year to reach total estimated revenue of $9.7 billion.

According to data released in the 2012 China Games Industry Report, reported by Techweb, online gaming accounted for 90 per cent of total revenue - around $9.1 billion. (Casual games, Dev, Industry, iPad, iPhone, Mobile, PC, PS3, Tech, Wii U, Xbox, Xbox 360)

majiebeast  +   630d ago
99% of that is from ruining games with gold farming/botting.
#1 (Edited 630d ago ) | Agree(5) | Disagree(8) | Report | Reply
adorie  +   630d ago
I don't know about 99%, cause they spend money on games there too. They can sometimes have great addictions to games, as we have read from time to time on N4G.

I will go out on a limb and say that the farming industry there has contributed a significant portion of this total, though.
And selling kids to play?
Catoplepas  +   630d ago
Considering the fact that gold farming is actually illegal in China, I doubt the China Games Industry Report would factor it into it's revenue.
adorie  +   629d ago
It might be illegal, but it is still prevalent, also if you think anyone is ignoring the figures that farmers generate, then you'd be foolish to think so. I have been gaming for quite awhile and farmers have been around over 10 years, in my ONLINE GAMES. The majority of those farmers, even today? Chinese.

The communist party of China knows this is good business and will act as if they are doing something about it.

Pockets lined, same old stick, like in every country.
#2.1 (Edited 629d ago ) | Agree(0) | Disagree(0) | Report | Reply
The Meerkat  +   630d ago
97,000,000,000 blank DVDs
3-4-5  +   630d ago
98% made from copying or stealing somebody else's idea though.
FinalomegaS  +   630d ago
is that from legit games or just games sold regardless of origin.
AO1JMM  +   630d ago
Do any of those games even qualify as bargain bin in the western world? LOL
pedroyamato  +   630d ago
Reading some comments here I guess since when american ppl got so naive.

China just topped a 300 million ppl middle class this last year. It is more than the entire US.

They will move the money around world for the next 50 yrs, so everybody should just pay attention, they can save the game industry, or maybe, even destroy it. The chinese number not only for games, but for entertainment industry can indicate a lot how they will proceed, change, work from now on.
#7 (Edited 630d ago ) | Agree(2) | Disagree(0) | Report | Reply
Qrphe  +   630d ago
Yes these people don't really understand what it's being talked about here. I remember when US companies used to exports engineering positions all over China (I can only speak for this industry but I believe it's representative of the great picture), yet as of this year and the last, this shipping of jobs to China has decreased dramatically due to Chinese engineering positions reaching similar salaries to the ones in the US.

China is an economic monster and I can clearly see them taking over as the world's first super power eventually, so it makes sense that their industries (including the video game industry) would see similar fates (they already have the largest MMO market, which is one of the most profitable video game markets).
#7.1 (Edited 630d ago ) | Agree(1) | Disagree(0) | Report | Reply
pedroyamato  +   630d ago
Well said, bubble up

China is an important partner for any company or market that want to succeed in a near future

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
40°

Unreal Engine 4 Free For Oculus Development Kit Owners?

38m ago - Hardcore Gamer: A banner on the Unreal Engine site formerly linked to a promotion giving Unreal E... | PC
40°

Pathologic Crosses Massive 250K Funding Goal With One Week to Go

38m ago - Hardcore Gamer: The company was able to climb beyond their minimum with a mere one week to spare. | PC
30°

Iconic Secret of Mana Heroes to Appear Playable in Rise of Mana

1h ago - Hardcore Gamer: Secret of Mana characters to join playable cast of Rise of Mana. | iPhone
20°

NBA Live 15: Top 5 Dunkers

1h ago - NBA Live 15 continues to roll on with coverage of the upcoming basketball game and now we find ou... | PS4
Ad

Celebrate the new TV season with Filmwatch

Now - With the 2014-2015 TV season right around the corner, come join us on Filmwatch as we celebrate and give all you TV lovers something to enjoy! | Promoted post
40°

Flickering Myth EGX 2014 – Little Big Planet 3 Preview

1h ago - The demo was a great experience and We are look very much to getting my hands on the game when it... | PS3