Let’s take a look at China’s $13.5 billion online gaming industry

Let’s take a look at China’s $13.5 billion online gaming industry:

China’s gaming industry is massive, as you’d expect, yet it’s also a lot more complex than you’d imagine. Game consoles have been banned for over a decade, and that was only rescinded a few weeks ago. PC-based MMORPG and FPS games – like Crossfire and Blade & Soul – dominate in terms of revenues they produce. Mobile gaming is still in second place for now, but that will surely change eventually as smartphones proliferate and people get more comfortable with in-app purchases.

This new infographic from the Go-Globe team shows lots of facts and figures on the Chinese online gaming industry right now. Some of the highlights include:

• China’s online game operators made RMB 82.1 billion ($13.5 billion) in 2013.
• That’s estimated to grow to $16.1 billion by the end of 2014.
• Tencent (HKG:0700), the same company that makes WeChat, is China’s gaming giant.
• Action RPGs are the most favored genre, led by PC-based gamers.

Roblox is trying to foster the next generation of indie devs

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Kiwi CEO talks about the challenges of Android development

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8 Bit's Skara MOBA greenlit on Steam

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Blade Hunter beta gets big content update

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TUG project update details alpha and beta plans

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League of Angels: New Angel & Guardian Angel System Now In Game

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The Mighty Quest for Epic Loot to enter full open beta in February

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Excalibur: New Features Inbound with Next Update

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Internal Testing for Camelot Unchained Starts This Week | Ten Ton Hammer

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Camelot Unchained gets a website makeover, new Builder’s tiers, and plans to start internal testing of the game’s engine this week.

Pantheon interview offers glimpse of economy, housing, and more

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Yulgang 2 – Popular title descending upon China in multi-million deal

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Pocket Lab Review

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Dungeon Nightmares Review

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Glyph Quest Review

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Grandpa and the Zombies Review

Grandpa and the Zombies Review:
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Outpost Luna Review

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Lost Yeti Review

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Unfolder Review

Unfolder Review:
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TowerMadness 2 Review

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Water Drops Review

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Korean News and Beta Test Announcements

• Timber Games signs publishing contract with SG Internet for fantasy MMORPG “Azera,” to start service in 2nd half of 2014.
• Pati Games “I Love Coffee” sequel game starts FGT from January 25 to 26.
• ENP Games real golf game “Shot Online” starts game portal Pupu Game channeling service.
• KOG action RPG “Elsword” starts Naver Game channeling service.
• Blue Side MMORPG “Kingdom Under Fire 2” finishes experience beta test in Singapore-Malaysia via MMOG.asia.
• DeNA and Nuri Joy collaborate for the development of mobile game “Project MB.” 
• Kiyat Games “Alice in RunTheLand” released in mobile messenger Tango iOS and Android versions.
• Tplay Korea fantasy card RPG “Summon the World” released in Naver Appstore.
• I Love Mobile Game Studio mobile strategy RPG “Yeokcheon Online” to be launched in February.
• Naver to create a mobile gaming platform.
• YD Online-DeNA mobile game “Evangelion-Catharsis of the Soul” soon to be released in Japan.
• SBCK Games drill action game “Pagopayo” to be launced in mobile reward center Oh My Got.
• Nexon mobile full 3D MMORPG “Legion of Heroes” holds final test until January 24.
• Dragon Nest mobile strategy simulation game “Paesamguk” to be released in Google Play on January 27.
• One Touch Interactive puzzle action RPG “Puzzle and Three Kingdoms” released in Google Play store, Apple Appstore, and T-store.
• Actoz Soft RPG “Final Fantasy 6” Korean version released in T-store, KT Olleh market LGU+ App Market, and Naver N store.
• Nine Groove mobile game “Project D” released in Korea mobile game market via Changyou.
• Bicore stylish driving game “Road Heroes” released in Google Play store.
• Efun smartphone game “Shingihaeng” released in Naver Appstore.
• High1 Entertainment TCG “Yeonhee Mongsang” released in T-store.
• Glu Mobile racing game “Motocross Meltdown” released.
• SK Networks card RPG “Blue Stone Mission” released in T-store.
• Good Game Studio mobile game “Empire: Four Kingdoms” released in Korea.
• Moon Block TCG “Yeonhee Mongsang” dominate T-store and U+ Store.
• Pictosoft mobile 3D casual game “Jeongmumun Heroes” released in T-store.
• Game Safari SNG “TouchTouch Shopping Town” released in Google Play.
• Hanbit Soft mobile football management game “Football Club Manager Mobile” game screenshots released.
• Pictosoft action mobile MORPG “Soul Slasher Saga” released in T-store.
• Logiware mobile games “Soul Slasher Saga” and “Captain Heroes” to start service in North America region in early 2014 via GQ Game.
• Gamevil RPG “Dragon Blaze revealed for the first time, to be released next month.

Chart of the Week: Why the 288% rise in US CPI costs is good news

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Puzzle & Dragons goes pink with Hello Kitty mash-up event

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The Elder Scrolls Online won't require a PlayStation Plus membership

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iPhone 5C slump takes shine off record quarter for Apple

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Record iPhone sales in Apple's (NASDAQ: APPL) latest quarter couldn't halt a drop a in the Cupertino giant's share price with CEO Tim Cook revealing the firm's 'budget' iPhone 5C handset hasn't performed as expected at retail.

Not So Massively: LoL update blocked by porn filter, Firefall's story campaign, and PoE's summoning skills

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Microsoft acquires Gears of War IP from Epic

Microsoft acquires Gears of War IP from Epic:
Rod Fergusson leaves 2K to lead up franchise development at Vancouver-based Black Tusk

Namco Bandai to rebrand overseas subsidiaries

Namco Bandai to rebrand overseas subsidiaries:
Foreign divisions to follow Japanese "Bandai Namco" branding, starting in April

Sony's credit rating cut to "Junk"

Sony's credit rating cut to "Junk":
PS4 performance not enough to convince Moody's that Sony stock is worth investment

Marvel Heroes: Latest Patch Brings Bovineheim Zone Online

Marvel Heroes: Latest Patch Brings Bovineheim Zone Online:
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Linden Lab CEO Rod Humble leaves company to found a start-up

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Rod Humble, the CEO for Second Life developer Linden Lab, announced on Facebook recently that he has left the company. ...

Nintendo Clarifies, "There Are No Plans to Offer Minigames on Smartphone Devices"

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Following Nintendo's plans, or lack of plans, or speculated plans, seems to have the games media on edge for the better part of the last month (or more). It all started with them talking about "experimenting" with smartphones then

Gameloft sees 2013 sales up 12% to $320 million, but misses guidance

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Gameloft (EPA:GFT) has announced its FY13 financials for the 12 months ending 31 December 2013. Total sales were €233.3 million (around $320 million), up 12 percent year-on-year. On a constant exchange rate with 2012,

League of Legends reaches 27m daily players

League of Legends reaches 27m daily players:
Riot more than doubles audience in less than 18 months, concurrent users up to 7.5m

Big Fish boasts 11th consecutive year of growth

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Casual games firm reports "double-digit growth in gross revenue and strong profits" in 2013

GungHo expects $1.2 billion revenue this fiscal year

GungHo expects $1.2 billion revenue this fiscal year:
$700 million profit for 12-month period ending this month

City of Steam Update Delivers New Systems and PvP Modes | Ten Ton Hammer

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City of Steam: Arcadia gets a new Company War system, Cargo delivery system, and new PvP modes with Update 2.3.

Celebrate Star Trek Online’s 4th Anniversary with Free Items | Ten Ton Hammer

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Cryptic celebrates the 4th anniversary of Star Trek Online early with daily giveaways throughout the week.

EVE Online: Rubicon 1.1 patch inbound tomorrow

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DoDonPachi publisher Cave grows quiet on the Western front

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Cygames invests over $600k in Japanese indie game Airship Q

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The mega-successful Rage of Bahamut developer invested ¥70m in Japanese indie studio Miracle Positive to help improve and expand its sandbox action RPG Airship Q. ...

Square Enix Collective launches

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First three projects go live on publisher's version of Greenlight

Shanda Games receives $1.9 billion offer to take it private

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While some game companies are rushing to IPO, others are going the other way. NASDAQ-floated Shanda Games (NASDAQ: GAME) has announced that it's received a proposal to take it private. Significantly, the deal which values

Indiegogo raises $40M to expand its crowdfunding business

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PocketGamer.biz Top 30 Chinese Developers of 2014: 20 to 11

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PocketGamer.biz Top 30 Chinese Developers of 2014: 30 to 21

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Journey to the Edge of the Mists in Guild Wars 2's next content release

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WildStar's MMO content creation process

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Making an indie label in the era of self-publishing

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Co-founders of Majesco's Midnight City stress the significance of indie developers and what they have to offer them

The Charticle: Just how powerful is an Apple Game of the Year award?

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Amazon allows developers to set prices for HTML5 apps in its Appstore

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Latest Nintendo results lay bare the company's financial woes

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Pantheon Unveils the Revenant and a New Q&A Video | Ten Ton Hammer

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Dota 2's New Bloom update introduces new heroes and more

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Trove: The Gunslinger is About to Fire

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EA beats guidance as sales shrink, losses deepen

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DC Universe Online Launches Part 1 of War of the Light DLC | Ten Ton Hammer

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