Skip to main content
GamesRadar+ GamesRadar+
US EditionUS CA EditionCanada UK EditionUK AU EditionAustralia
Sign in
  • View Profile
  • Sign out
  • Games
    • Game Insights
      • Games News
      • Games Features
      • Games Reviews
      • Games Guides
      • Big in 2026
      • The Big Preview
      • On The Radar
      • Indie Spotlight
      • Future Games Show
      • Golden Joystick Awards
    • Genres
      • Action Games
      • RPGs
      • Action RPGs
      • Adventure Games
      • Third Person Shooters
      • FPS Games
    • Platforms
      • PS5
      • Xbox Series X
      • PC
      • Nintendo Switch
      • Nintendo Switch 2
      • Tabletop Gaming
    • Franchises
      • Grand Theft Auto
      • Pokemon
      • Assassin's Creed
      • Monster Hunter
      • Fortnite
      • Cyberpunk
      • Red Dead
      • The Elder Scrolls
      • The Sims
  • Entertainment
    • TV Shows
      • TV News
      • TV Reviews
      • Anime Shows
      • Sci-Fi Shows
      • Superhero Shows
      • Animated Shows
      • Marvel TV Shows
      • Star Wars TV Shows
      • DC TV Shows
    • Movies
      • Movie News
      • Movie Reviews
      • Big Screen Spotlight
      • Superhero Movies
      • Action Movies
      • Anime Movies
      • Sci-Fi Movies
      • Horror Movies
      • Marvel Movies
      • DC Movies
    • Streaming
      • Apple TV Plus
      • Disney Plus
      • Netflix
      • HBO
      • Amazon Prime Video
      • Hulu
    • Comics
      • Marvel Comics
      • DC Comics
    • Toys & Collectibles
    • Lego
    • Dungeons and Dragons
    • Merch
  • Hardware
    • Insights
      • Hardware News
      • Hardware Reviews
      • Hardware Features
    • Computing
      • Desktop PCs
      • Laptops
      • Handhelds
    • Peripherals
      • Headsets & Headphones
      • TVs & Monitors
      • Gaming Mice
      • Gaming Keyboards
      • Gaming Chairs
      • Speakers & Audio
    • Accessories & Tech
      • Gaming Controllers
      • Tech
      • SSDs & Hard Drives
      • VR
      • Accessories
      • Retro
  • Deals
    • Game Deals
    • Tech Deals
    • TV Deals
    • Buying Guides
  • Video
  • Newsletters
    • Quizzes
    • About Us
    • How to pitch to us
    • How we score
    • Newsarama
    • Retro Gamer
    • Total Film
  • home
  • Games
    • View Games
      • Games News
      • Games Features
      • Games Reviews
      • Games Guides
      • Big in 2026
      • The Big Preview
      • On The Radar
      • Indie Spotlight
      • Future Games Show
      • Golden Joystick Awards
      • Action Games
      • RPGs
      • Action RPGs
      • Adventure Games
      • Third Person Shooters
      • FPS Games
    • Platforms
      • View Platforms
      • PS5
      • Xbox Series X
      • PC
      • Nintendo Switch
      • Nintendo Switch 2
      • Tabletop Gaming
      • Grand Theft Auto
      • Pokemon
      • Assassin's Creed
      • Monster Hunter
      • Fortnite
      • Cyberpunk
      • Red Dead
      • The Elder Scrolls
      • The Sims
  • Entertainment
    • View Entertainment
    • TV Shows
      • View TV Shows
      • TV News
      • TV Reviews
      • Anime Shows
      • Sci-Fi Shows
      • Superhero Shows
      • Animated Shows
      • Marvel TV Shows
      • Star Wars TV Shows
      • DC TV Shows
    • Movies
      • View Movies
      • Movie News
      • Movie Reviews
      • Big Screen Spotlight
      • Superhero Movies
      • Action Movies
      • Anime Movies
      • Sci-Fi Movies
      • Horror Movies
      • Marvel Movies
      • DC Movies
    • Streaming
      • View Streaming
      • Apple TV Plus
      • Disney Plus
      • Netflix
      • HBO
      • Amazon Prime Video
      • Hulu
    • Comics
      • View Comics
      • Marvel Comics
      • DC Comics
    • Toys & Collectibles
    • Lego
    • Dungeons and Dragons
    • Merch
  • Hardware
    • View Hardware
      • Hardware News
      • Hardware Reviews
      • Hardware Features
      • Desktop PCs
      • Laptops
      • Handhelds
    • Peripherals
      • View Peripherals
      • Headsets & Headphones
      • TVs & Monitors
      • Gaming Mice
      • Gaming Keyboards
      • Gaming Chairs
      • Speakers & Audio
      • Gaming Controllers
      • Tech
      • SSDs & Hard Drives
      • VR
      • Accessories
      • Retro
  • Deals
    • View Deals
    • Game Deals
    • Tech Deals
    • TV Deals
    • Buying Guides
  • Video
  • Newsletters
    • Quizzes
    • About Us
    • How to pitch to us
    • How we score
    • Newsarama
    • Retro Gamer
    • Total Film
Trending
  • Pokemon Winds and Waves
  • New Games for 2026
  • GamesRadar+ Replay
  • Mario Day deals
  1. Hardware
  2. VR

Tencent scraps VR hardware plans

News
By Vikki Blake published 19 February 2023

"Under the company's new strategy as a whole, it no longer quite fit in"

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

tencent logo
(Image credit: Tencent)
  • Facebook
  • X
  • Pinterest
  • Flipboard
  • Email
Share this article
Join the conversation
Follow us
Add us as a preferred source on Google
Get the GamesRadar+ Newsletter

Weekly digests, tales from the communities you love, and more


By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.

You are now subscribed

Your newsletter sign-up was successful


Want to add more newsletters?

GamesRadar+

Every Friday

GamesRadar+

Your weekly update on everything you could ever want to know about the games you already love, games we know you're going to love in the near future, and tales from the communities that surround them.

GTA 6 O'clock

Every Thursday

GTA 6 O'clock

Our special GTA 6 newsletter, with breaking news, insider info, and rumor analysis from the award-winning GTA 6 O'clock experts.

Knowledge

Every Friday

Knowledge

From the creators of Edge: A weekly videogame industry newsletter with analysis from expert writers, guidance from professionals, and insight into what's on the horizon.

The Setup

Every Thursday

The Setup

Hardware nerds unite, sign up to our free tech newsletter for a weekly digest of the hottest new tech, the latest gadgets on the test bench, and much more.

Switch 2 Spotlight

Every Wednesday

Switch 2 Spotlight

Sign up to our new Switch 2 newsletter, where we bring you the latest talking points on Nintendo's new console each week, bring you up to date on the news, and recommend what games to play.

The Watchlist

Every Saturday

The Watchlist

Subscribe for a weekly digest of the movie and TV news that matters, direct to your inbox. From first-look trailers, interviews, reviews and explainers, we've got you covered.

SFX

Once a month

SFX

Get sneak previews, exclusive competitions and details of special events each month!


An account already exists for this email address, please log in.
Subscribe to our newsletter

Chinese megacorp Tencent has apparently scrapped plans to enter the VR market. 

Reuters reports that Tencent - which is the world's largest video game publisher in terms of revenue - is set to "cut costs and headcount" at its "extended reality" XR unit, which only launched last year. It currently employs around 300 people.

Anonymous sources suggest that the delay in hitting a profit - in this case, internal forecasting reckons Tencent's system would not be profitable until 2027 - and a lack of "promising games" has seen the company u-turn on its VR plans, despite designing a ring-like hand-held controller.

"Under the company's new strategy as a whole, it no longer quite fit in," one of the sources said.

With the cost of VR still pretty high, it's a shame we won't see Tencent bring its own system to light any time soon, as the more competition there is, the better the choice - and affordability - for players. 

Whilst Blizzard’s spat with its Chinese publisher NetEase continues, Tencent has announced a new MMO… and it certainly has fans talking about its similarities with WoW. 

As we've noticed in the recently released promotional material, Tarisland leans into fantasy, though WoW fans are zeroing in on the character and airship design alongside several choice shots from cinematics. Interestingly, fans have also clocked that one dragon looks a fair bit like Deathwing, and whilst the comparisons are chiefly aesthetic at the moment, some might also find the sight of dragon-riding familiar – including Blizzard itself, apparently. 

Sign up to the GamesRadar+ Newsletter

Weekly digests, tales from the communities you love, and more

By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.

While it seems that Tarisland has taken some notes from World of Warcraft, others have noted that Blizzard’s MMO has borrowed plenty from D&D and beyond. 

Tarisland is currently undergoing a closed beta and is set to release on PC and mobile. At the time of writing, it isn’t clear if the MMO will make the journey west.

Keep up to date with all the best games set to launch later this year with our guide to new games 2023. 

TOPICS
Tencent
Vikki Blake
Vikki Blake
Social Links Navigation
Weekend Reporter, GamesRadar+

Vikki Blake is GamesRadar+'s Weekend Reporter. Vikki works tirelessly to ensure that you have something to read on the days of the week beginning with 'S', and can also be found contributing to outlets including the BBC, Eurogamer, and GameIndustry.biz. Vikki also runs a weekly games column at NME, and can be frequently found talking about Destiny 2 and Silent Hill on Twitter. 

Latest in VR
A teaser image of Project Swan, saying "coming in 2026"
Pico's next VR headset will launch against Valve in 2026, but it doesn't look like the Steam Frame rival I was hoping for
 
 
Frontal review image for PSVR 2 with a controller on either side of the headset
Unbothered by RAMageddon, PSVR 2 is thriving at its lowest-ever price
 
 
The Virtual Desktop logo next to a reveal image of the Steam Frame, separated by an orange line
Virtual Desktop has just sniped one of the Steam Frame's coolest gaming features
 
 
A reviewer holding the left PrismXR Vega T1 earbud
I finally found earbuds that fix the Meta Quest 3's latency issues
 
 
Two Virtuix Omni One users separated by an orange line
The Meta Quest 3 is getting an official VR treadmill accessory, which costs ~$2,000 more than the headset itself
 
 
A woman playing a game with a controller using the Steam Frame
Despite its pricing delay, Valve's Steam Frame could still turn out to be the VR market's Steam Deck moment
 
 
Latest in News
Bill Skarsgård as Pennywise in the It: Welcome to Derry finale
It: Welcome to Derry season 2 is officially in the works, as showrunner promises "something greater" than season 1
 
 
Mass Effect
"F***ing Colonel Shepard dies in Mass Effect 3, and that makes us the Worst Company in America," former EA exec laments
 
 
a ditto human sitting on some logs with pikachu and pichu
Pokopia's unhinged dialogue is tempting me away from Animal Crossing: "It's a pretty nice butt, don't you think?"
 
 
A lady looks shocked.
55-year industry vet made the first CRPG, got laid off, went bankrupt, but "I don't care": "Business does not love you"
 
 
Dragon Quest 11
Dragon Quest creator says English is "a simple language," so "the flavor tends to get lost" when translating games
 
 
Resident Evil Requiem
Resident Evil Requiem is too scary for series veteran Hideki Kamiya, who argues Capcom "should make a 'non-scary' mode"
 
 
LATEST ARTICLES
  1. Bill Skarsgård as Pennywise in the It: Welcome to Derry finale
    1
    It: Welcome to Derry season 2 is definitely in the works, as showrunner promises to "deliver something that is greater" than season 1
  2. 2
    14 years later, former EA exec is still mad about getting the "Worst Company in America" award over BP and Bank of America just because "f***ing Colonel Shepard dies in Mass Effect 3"
  3. 3
    55-year games industry vet helped make the first CRPG, got laid off, went bankrupt, but said "I don't care" as long as he got to keep crafting games: "A business does not love you back, unless you are a business person"
  4. 4
    I thought nothing could replace Animal Crossing for my nightly cozy vibes, but Pokopia's delightfully unhinged dialogue is very tempting: "It's a pretty nice butt, don't you think? So shiny!"
  5. 5
    The Asus ROG Azoth 96 HE has returned to take the magnetic crown, but that price tag is going to be a problem

GamesRadar+ is part of Future US Inc, an international media group and leading digital publisher. Visit our corporate site.

Add as a preferred source on Google Add as a preferred source on Google
  • Terms and conditions
  • Contact Future's experts
  • Privacy policy
  • Cookies policy
  • Accessibility statement
  • Careers
  • About us
  • Advertise with us
  • Review guidelines
  • Write for us
  • Accessibility Statement

© Future US, Inc. Full 7th Floor, 130 West 42nd Street, New York, NY 10036.

Please login or signup to comment

Please wait...