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Games & Commerce
Pearl Abyss\' Crimson Desert wins best international game at China\'s CGIA
Pearl Abyss said on Sunday its upcoming title Crimson Desert won the best international game award at the China Game Innovation Awards 2026 held during ChinaJoy. The awards are hosted by the China Audio-video and Digital Publishing Association and run by game platform TapTap. Pearl Abyss said the win again demonstrated the game\'s technical capabilities. It said Chinese-language voice and subtitles will be supported for the local market.
Games & Commerce
Korean game studios diversify console strategies to extend IP life beyond platform expansion
Korean game companies are pushing into consoles as part of broader strategy shifts, expanding hit titles to new devices while building new games for PC and consoles from the outset. The move reflects slower mobile user growth, genre concentration and heavy reliance on domestic revenue. Console markets can support longer sales through DLC, bundles, physical packages, merchandise and sequels for global audiences. Companies are also adopting demos, early access and community feedback ahead of launch.
Games & Commerce
Sony PS5 sales plunge 46 percent, raising concerns for game business growth
Sony\'s PlayStation 5 sales fell sharply, with fourth-quarter unit sales down to 1.5 million and annual sales at 16.0 million. The company expects revenue in its Games & Network Services unit to drop by 265.7 billion yen in fiscal 2026, citing weaker replacement demand and memory procurement constraints. Still, annual segment revenue rose 87.3 billion yen, helped by currency effects, network services and third-party software sales.
