Konami Exploring Business Opportunities With VR Games

A return to console game development?

Posted By | On 10th, May. 2016 Under News | Follow This Author @Pramath1605


Konami

Konami have, over the last few years, gradually disengaged themselves from the home console market, dropping most home console game development, running most of their properties into the ground, and generally focusing more on smartphone games at the expense of AAA titles.

However, maybe that will change soon- in their latest earnings report, while Konami acknowledged that smartphones and tablets were still seeing unprecedented globally, they also did concede that consoles were selling at a faster rate than ever before. That, plus the rise of VR, have led Konami to conclude that there may yet be opportunities for high end games too- especially with VR in the fray.

“As new video game consoles also continue to spread at a record-setting pace in Western countries and production of video games utilizing virtual reality (VR) becomes full-scale, business opportunities in the game industry are increasing,” the relevant portion of their earnings report reads (via DualShockers).

Does this mean that Konami may yet reverse course? That there may be redemption for them? Does this mean we could actually play a new Contra on something other than our tablet? I can’t wait to find out.

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