Sony Partners with Shanghai Oriental Pearl to Launch PlayStation in China

starlight777

Zork Rules
Sep 12, 2013
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Sony Partners with Shanghai Oriental Pearl to Launch PlayStation in China

http://www.dualshockers.com/2014/05...riental-pearl-to-launch-playstation-in-china/

After Microsoft disclosed its plans to launch the Xbox One in China, Sony is following suit, having signed a deal with Shanghai Oriental Pearl Group to launch PlayStation in the country, as it was announced today by the Chinese company:
Shanghai Oriental Pearl Culture Development Co., Ltd. and Sony (China) Co., Ltd., a wholly owned Chinese subsidiary of Sony Corporation, signed a joint venture agreement in the Chinese (Shanghai) free trade zone and jointly funded a joint venture responsible for the production, marketing, Sony Computer Entertainmentā€™s PlayStation hardware, software and related services business in China.

Shanghai Oriental Pearl Culture Development Co., Ltd. and Sony (China) Co., Ltd. have agreed to jointly set up two companies to be responsible for hardware and software products and services.
The two companies formed will be Shanghai Oriental Pearl Solatube Culture Development Co., Ltd., the capital of which will be formed by a 51% investment from Shanghai Oriental Pearl (RMB 5.1 million) and a 49% investment from Sony China (RMB 4.9 million). Sony will invest 70% of the capital of the second company (RMB 3,066 million), which will be named Sony Computer Entertainment ( Shanghai ) Co., Ltd., while Shanghai Oriental Pearl will pinch in the remaining 30% (RMB 1,314 million).
The total investment for Sony Corporation in the joint venture is RMB 1318.9 million, which translates into slightly south of $211.5 million.
The announcement did not disclose the specific PlayStation consoles that will launch in China, but it did include the mention that the operation will involve local game developers in order to fuel the production of original games for PlayStation platforms and to promote the growth of the Chinese video game industry.
 
So China will now not be as important as before since both will be launching in the nation. The sales numbers would be interesting.
 
I don't know if a Sony home console would ever take off, but a cheaper Vita with 4G would probably have a market if they bundled it with some software that allowed for downloading TV and movies quickly and cheaply.
 
well from what I read and I am all over the place
Japanese products do not sell that well overall in China
so do not expect much in sales from either console

Sony does not have a date on this, yet

ps
not all the info I find comes from gaming sites
 
well from what I read and I am all over the place
Japanese products do not sell that well overall in China

Yeah, I thought I'd heard that, too. Why is that, do you know? And do American product fare better?
 
QuOTE="naty, post: 181529, member: 263"]So China will now not be as important as before since both will be launching in the nation. The sales numbers would be interesting.[/QUOTE]

Nobody spins more on these forums then the xboys and some of them that do it they want as mods smh.
PS4 will win China.
 
Yeah, I thought I'd heard that, too. Why is that, do you know? And do American product fare better?
WW2 and current politics such as lethal conflict with China over the Japan-China Senkaku/Diaoyu islands dispute
this is not the place to discuss this
 
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well from what I read and I am all over the place
Japanese products do not sell that well overall in China
so do not expect much in sales from either console

Sony does not have a date on this, yet

ps
not all the info I find comes from gaming sites
It may not sell well, but it will sell. I can already guarantee at least two PS4s will be sold in China. Because China likes new hardware, and China's elite members will definitely buy two PS4 consoles, copy the design, re-release knockoffs for all of China to experience, and ship the two PS4s back to Japan, demanding a refund.
 
WW2 and current politics such as lethal conflict with China over the Japan-China Senkaku/Diaoyu islands dispute
this is not the place to discuss this

Hey, you brought it up. :tounge: