Nintendo has cut its earnings forecast for the year to the end of March to a net loss, citing disappointing holiday sales of its Wii U and 3DS game devices.
China's Huawei Technologies is planning on launching its Android gaming console in its home market during this year's second quarter, just after local authorities lifted a ban on video game sales in the country.
Microsoft says the launch of the Xbox One on Friday has been the most successful yet for its Xbox gaming console family.
Sony said sales of its PlayStation 4 game consoles crossed 1 million units just 24 hours after the device was launched in the U.S. and Canada on Friday, although some users reported some issues with the device.
Sony's highly anticipated PlayStation 4 gaming console is finally here.
Sony returned to a loss in its second fiscal quarter ended Sept. 30, even as its smartphone business did well.
Microsoft's Xbox One and Sony's PlayStation 4 are due for release next month, but chip supplier Advanced Micro Devices is already teasing chip upgrades that could make the game consoles faster and more power-efficient.
Sony's PlayStation 4's lower price will help it to outsell Microsoft's upcoming Xbox One during the year-end holiday season, according to IDC.
China's 13-year ban on video game consoles is ending with the creation of a new free trade zone in Shanghai that will allow foreign-funded companies to sell game systems nationwide.
Microsoft is entering China's gaming market with a new joint venture, the latest sign that its Xbox console soon arrive in the country.
Zynga said it had settled a lawsuit alleging theft of trade secrets by a former employee, with the employee also issuing an apology.
Going head-to-head with Apple and Google, Sony has launched the PlayStation Vita TV set-top box to bring video and games to TVs.
Microsoft's Xbox One will become available on November 22 and the company has made the game console faster by cranking up the clock speeds of the CPU and graphics processor.
Nintendo cut the price on its flagship game console and introduced a portable system Wednesday, hoping to spur sales and better position itself for the year-end holiday season.
Microsoft's upcoming Xbox One gaming console will contain a custom chip the company designed in conjunction with Advanced Micro Devices with the aim of delivering maximum graphics performance, presenters said Monday at Microsoft's Hot Chips conferenc...
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