In a recruitment notice last month, a Timi engineer wrote that the company aims to create a new AAA game that resembles the virtual community from the movie Ready Player One, and will "compete head-to-head against big powers from Japan, Korea, Europe and U.S." According to sources cited by Reuters, Timi Studios, the team behind mobile gaming giants Call of Duty Mobile and Honor of Kings had a stellar 2020, making 10 billion in revenue. #Sources timi studios kings call duty movie# The report claims that this makes the studio the 'world's largest developer,' despite being a relatively unknown name. Tencent's Timi gaming studio generated 10 billion in 2020, sources say. Tencent is building studios overseas, including one for Timi and one for Lightspeed and Quantum, both in Los Angeles, with the goal of creating content with original intellectual property that has global appeal. Established in 2008 within Tencent, TiMi is behind popular mobile titles such as Honor of Kings and Call of Duty Mobile. Chinese tech giant Tencent’s Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of 10 billion last year, two people with direct knowledge of the matter told Reuters. In 2020, Honor of Kings alone generated close to 2.5 billion in player. Further Resources Honor of Kings Developer TiMi Studios Says COVID-19 Is Increasing Mobile Gaming Playtime While Taking Its Toll on Esports - ARCHIVE - The. ![]() The 10 billion would make Timi the world’s largest. #Sources timi studios kings call duty archive# #Sources timi studios kings call duty free#.#Sources timi studios kings call duty series#.#Sources timi studios kings call duty full#.#Sources timi studios kings call duty archive#.#Sources timi studios kings call duty movie#.In addition (according to global analytics outlet Statista ), Honor of Kings generated $2.5B total revenue worldwide in 2020, extremely close to the top mobile game revenue generator of 2020, PUBG Mobile ($2.6B total revenue). In November, TiMi Studios announced that Honor of Kings surpassed 100M average daily active users. During 2020, game publishers such as Tencent saw a huge user increase in mobile games consumption, thanks mostly to the COVID-19 pandemic. Honor of Kings is one of the most profitable mobile games in the world. ![]() The Esports Observer has reached out to TiMi Studios for more information about this conference. Min Li, general manager of TiMi Studios L2, Honor of Kings game producer Yuan Yao, general manager of TiMi Studios J3 and Yijia Zhang, president of King Pro League (KPL) attended the conference. TiMi made the announcement at its “2021 Esports Strategy Press Conference” on Saturday in Shenzhen, which included details on esports plans for Honor of Kings, CrossFire, Call of Duty Mobile, and QQ Speed. The secondary league, King Pro League G-League (KGL), will feature ¥6M ($925K), 89% increase from the previous year ¥3.18M ($500K). In addition, China’s top Honor of Kings competition, the King Pro League (KPL) will also see a 135% prize pool increase, reaching ¥37.6M ($5.8M) from the previous ¥16M ($2.5M). The top Honor of Kings global competition, the Honor of Kings World Champion Cup (KCC), will feature ¥50M ($7.7M), which marks a 56% increase from the previous year’s prize pool, ¥32M ($4.9M). Grassroots competition, the Honor of Kings National League will see a 353% prize money increase, from ¥1.5M ($231K) to reach ¥6.5M ($1M). The new investment will also increase the total prize pool for the new year. Tencent Games mobile gaming development subsidiary TiMi Studios announced Saturday that the company will invest ¥1B RMB ($154M USD) in the Honor of Kings esports ecosystem, aiming to build the esports title for “All People,” according to the announcement.
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