News

Riot Games Owner Tencent Introduces New Game Console In Asia

by Elise Favis on May 14, 2016 at 11:05 AM


Image courtesy of Shenzhenware.

At CES Asia (Consumer Electronics Show) in Shanghai, Chinese game company Tencent announced its new console the TGP (Tencent Games Platform) Box.

The TGP Box uses a sixth generation Intel core processor while running both Windows 10 and a TGP Box mode. In this mode, the console can download and stream games, including League of Legends, FIFA Online 3, NBA 2K Online, Monster Hunter Online, and Need for Speed: Hot Pursuit Tournament. Tencent hopes to bring plenty of third-party developed games later this year.

Tencent, an investment holding company, is a major player in Asia's video game industry. This news becomes even more significant considering China had only just lifted its 15-year-long ban on console gaming last year. It's uncertain whether the TGP Box will eventually make its way to the West.

Last year, Tencent became the owner of League of Legends developer Riot Games. In 2012, the company bought a minority stake in Epic Games.

[Source: GameSpot]

 

Our Take
This is big news especially for China, considering it's been only a year since the country removed its ban on console gaming. Another big question is whether this will eventually come to the West, which is a possibility. However, this console probably wouldn't have much leverage here, and for now remains geared towards Asia's market. Hopefully the TGP Box will further pave the way for a more open gaming industry in China.