Samsung would invest US $40 million in Tencent to have exclusive games

In today’s smartphone market, it’s hard to stand out and every detail can make a difference. That’s why Samsung plans to use a tactic known in the world of consoles to have exclusive games.

Samsung would invest US $40 million in Tencent to have exclusive games

According to internal sources, Samsung plans to invest about $40 million in the company Niantic, developer of the successful Pokemon Go, in search of exclusive games. The alliance would also have pre-install exclusive games on the brand’s future phones.

Some details still need to be clarified to make the deal official. According to the report, Niantic is looking for sufficient income to go public in 2019, while Samsung has no problem leaving money in exchange for certain exclusive content.

“After much bargaining and bidding, Niantic refused to perform the functions without much investment, and the number they came to is $40 million,” an internal source told the Inquirer. The transaction will be announced in December, and we will see the results in February 2019 with the release of Galaxy S10.

Related:   A failure of Android allows recording conversations remotely to hackers

 

Source