Take-Two Interactive has decided to shut down its 2K China studio and cancelled Bordelands Online which could have been free-to-play for Asian market.
2K China studios was based in Shanghai, China with approximately 150 employees and here is the statement from Take-Two Interactive.
“We are excited about the opportunities to expand our business in Asia, and we remain committed to delivering triple-A offerings for that region. At this time, we can confirm that we are closing 2K China. We determined that the additional time required to finish current projects at the studio, particularly Borderlands Online, would not yield a favorable return on investment.”
The closing of it 2K China studios doesn’t affect Visual Concepts China, another studio based in Shanghai which created and operates NBA 2K Online as NBA 2K games have a big market here in Asia especially in the Philippines and they are still planning to launch Civilization Online in South Korea. Another office that is not affected by the 2K China office shut down is the game-testing office in Chengdu, China.
Late last month, a news circulated around that gaming studios are shutting down their offices in China because of the increase of labor cost of the country and they are planning to transfer their studios in the Philippines. Also, during the recently concluded ESGS 2015, Ubisoft and Sony Playstation made a big appearance in this event which is a clear sign that the Philippines will be the next video gaming hub in Asia.