20.1 C

Sony to invest nearly $2.13 billion in R&D focusing on Live service gaming

Sony plans to ‘dump’ over $2.13 billion in financial resources into game research and development, according to a Nikkei article. That investment, which will reportedly be made before the conclusion of the current fiscal year (2024), will reportedly represent a stunning 40% of Sony’s total R&D expenditures.

Additionally, the Sony Group has stated a desire to change its business strategy to concentrate much more clearly on live service games, according to an article in Nikkei, noting that “Sony itself has yet to make a splash in live service games.”

Until sequels are produced, of course, PlayStation’s mainstay has been its impressive single-player exclusives, which have dominated marketplaces globe but don’t often have much-staying power. That’s in part what prompted Sony to step in and acquire Bungie in 2022 for $3.7 billion, realizing that the developers of Destiny might have something special to offer in the rapidly expanding live service game sector.

- Advertisement -TechnoSports Ad

For the fiscal year that ends in March 2026, Sony intends to devote a startling 60% of all PlayStation 5 development funds to live service games alone, according to a report from Nikkei.com.

Another important objective was mentioned, which is to have twelve live service games in the PlayStation library by the end of the same period.

It was also mentioned that Sony Group has ambitions to enter the metaverse in a far more significant way, looking into ‘extended reality’ routes and using studios all over the world to advance research and development in the area.

Also read: Garena Free Fire redemption codes: Free Fire reward codes for users


- Advertisement -Follow-Google-News


South Korea’s Semiconductor Exports Break 16-Month Decline, Signaling Industry Recovery

South Korea exceeded expectations in November as its exports...

Lionel Messi’s Historic 2022 FIFA World Cup Winning Jerseys Ignite Unprecedented Bidding Frenzy

An Astonishing Opening Bid The auction world was rocked when...

Kia Sonet Facelift Teaser Unveils Fresh Design Elements: New Headlights and LEDs

Kia is gearing up to introduce a facelift for...

Don't miss

The Sleep Company [CPS] IN



BGMI Redeem Codes for December 2023

Following the ban on PUBG Mobile, BGMI soon surged to fame in India. Despite its ban, the Indian government decided roughly 10 months ago...

Garena Free Fire MAX Redeem Codes Updates: Here are the Booyah Codes for 1st December 2023

The 111 Dots Studio, has officially updated the Garena Free Fire MAX redeem codes on the website - reward.ff.garena.com - for today. If you...

BGMI Redeem Codes as of the 1st December of 2023 [Winner Winner Chicken Dinner!!]

BGMI Redeem codes: After the ban on PUBG Mobile, BGMI soon surged to prominence in India. Despite being banned last year, the multi-player battle...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.