According to a report in state-run China Daily, the country is considering ending a 12-year ban on video game consoles. Sony and Nintendo are excited at the prospect.

What are you thinking?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

Back in 2000, China had imposed a ban on the sale of video-game consoles. The ban was put in place to ‘save’ the young people from the harmful effects of indulging in a video games. Apparently, China is now considering uplifting the ban, a prospect which has left both Sony and Nintendo very hopeful.


Sony game consoles

Although the ban has been in place for nearly 12 years now, video game consoles have been made available in China through black market retailers. However, that didn’t benefit the actual vendors such as Sony and Nintendo in any way.

According to the state-run China Daily newspaper, the Ministry of Culture is actively discussing the issue of gaming console ban in the country and may soon overturn it, allowing vendors such as Sony and Nintendo to bring their offerings to the huge Chinese market.

Naturally, both Sony and Nintendo are excited at the possibility. According to a spokesperson for Sony’s game unit, “Sony has always regarded China as a promising market for the game operation and has been studying and preparing for possible business opportunities.” Once the gates to the country hosting more than a billion people opens for the company, Sony may experience a significant boast in its console sales.

Nintendo, on the other hand, has decided to stay mum on the issue for now. However, the market share of both companies rose significantly over the news from China. Sony jumped 9.1 percent in the Tokyo stock market whereas Nintendo experienced a growth of 3.4 percent as a result of the China Daily report.

Courtesy: Bloomberg

Buy Cheapest Related Product From Amazon.com


Vine App Actively Used To Upload Pornographic Videos

France Bans The Word ‘Hashtag’ On Twitter, For Being English
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On January 28, 2013(1 year, 10 months ago.)

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

Many users are already complaining and searching for the tips of how to capture the screenshot on LG G3. The tutorial will help to do that.
The tutorial will help how you can minimize the mobile data on your android device (Here we used LG G3 S for the tutorial)
The tutorial will help you to turn on battery Saver for LG G3 or G3 S both manually and automatically.
This tutorial is about how you can set up various auto reply messages on LG G3 S tp know the caller why you could not answer the call.
This tutorial is about disabling automatic shortcut creation of new installed app on android devices.
This tutorial is about showing you how to turn off location in Facebook of your Android devices.
My tutorial is for those who wants to delete those history partially or fully or to disable those if they want.
This tutorial will show you how to stop those videos in your Android mobile not to play automatically.
This tutorial will help you to Disable Auto-Update Of Android Apps in your Android Device. The steps are quite easy to execute.
This tutorial will help you to clear search history from your Google Play Store in your Android Device. The steps are quite easy to execute.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook