![]() ![]() ![]() ![]() Such games feature long sessions and in-depth storytelling or battles, with some including multiplayer online role-playing or online battle arenas. Chinese tech giant Tencent’s Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of 10 billion last year, two people with direct knowledge of the matter told Reuters. Sources told Reuters that Timi Studios made 10 billion in revenue last year, which makes it the 'worlds. And thats all without really being a household name. Many major studios are turning to Tencent for support to convert their "hardcore" desktop or console games to mobile. He has worked on the audio design and production for nearly 100 games to date, including international hits like Call of Duty: Mobile, Honor of Kings, and QQ Speed. TiMi Studio Group has had huge hits in mobile games such as Call of Duty: Mobile and Honor of Kings. While TiMi Studios was able to bring in 10 billion of its own through games like Call of Duty Mobile and Honor of Kings, Tencent reported total annual revenue of over 73 billion in 2020. TiMi Studios developed extremely popular and successful games such as Honor of Kings (Arena of Valor), Activision’s Call of Duty: Mobile (CODM), and PlayerUnknown’s. Tencent aims eventually to derive half its game revenue from overseas, from 23 percent in the fourth quarter of 2019, the most recently available figure. TiMi Studios, the Tencent-owned developer of huge mobile hits Call of Duty: Mobile and the MOBA Honor of Kings, earned a staggering 10 billion in revenue in 2020, according to an April. Sources also said that the 10 billion revenue would make TiMi the world’s largest developer. Tencent is building studios overseas, including one for Timi and one for Lightspeed and Quantum, both in Los Angeles, with the goal of creating content with original intellectual property that has global appeal. TiMi Studios is the developer of wildly popular titles including Pokémon UNITE, Call of Duty: Mobile, Arena of Valor, Honor of Kings, and Speed Drifters. In a recruitment notice last month, a Timi engineer wrote that the company aims to create a new AAA game that resembles the virtual community from the movie Ready Player One, and will "compete head-to-head against big powers from Japan, Korea, Europe and U.S." It also provides a hefty basis for its ambitions to move beyond mobile games and compete directly with global heavyweights developing expensive "AAA" titles on platforms such as desktop computers, Sony's 6758.T PlayStation, Nintendo's 7974.T Switch and Microsoft's MSFT.O Xbox. ![]()
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