infinix flip
Home » Tencent to acquire Xiaomi’s Black Shark for USD 470M, says report

Tencent to acquire Xiaomi’s Black Shark for USD 470M, says report

Tencent Games reportedly plans to acquire Xiaomi‘s BlackShark Gaming division in a deal worth approximately CNY 3 billion, or over USD 470 million.

Tencent Games is the video game publishing division of Tencent Interactive Entertainment.

According to reports, the gaming smartphone-making company will undergo a business transformation after the acquisition process is complete. Further, Black Shark as a brand would likely see an expansion once the deal is completed.

Gizmochina also reported that the acquisition seeks to step into the Metaverse. More so, the diversification process will reportedly grow to include VR (Virtual Reality) based technologies and devices. With that said, the software content for VR will be provided by Tencent, while Black Shark manufactures the hardware.

Previously, smartphone makers like ASUS and nubia partnered with Tencent for their gaming smartphones.

Stay tuned to our page for more updates.

Sources: GSMArena, Gizmochina

    Leave a Reply

    Tencent to acquire Xiaomi’s Black Shark for USD 470M, says report » YugaTech | Philippines Tech News & Reviews

    Yearly Device Database

    Smartphone pricelist Philippines 2024

    Smartphone pricelist Philippines 2023

    Smartphone pricelist Philippines 2022

    Smartphone pricelist Philippines 2021

    Smartphone pricelist Philippines 2020

    Popular Topics

    What We Do

    YugaTech | Philippines Tech News & Reviews
    © 2024. All Rights Reserved.