NetEase is finding more success in China’s promising mobile gaming market

NetEase, one of China’s largest gaming and Internet companies, has posted its revenue and earnings report for the fourth quarter of 2015. The report shows that the company has seen exceptional growth, powered mostly by the growing popularity of mobile games. NetEase has been involved in the gaming space for some time, with online gaming being the company’s largest business segment. As the mobile space has grown over the years, the company has delved into mobile gaming, offering consumers access to an assortment of entertaining and, in some cases, addicting games that they can play wherever they are.

Net revenue has increased across the board for NetEase, with the mobile sector powering growth

According to the report, NetEase’s online gaming segment more than doubled in the fourth quarter of 2015. Overall growth, however, was powered by mobile games. The company notes that it saw a 103% year-over-year revenue increase from online games, a 68% increase from advertising services, and a 355% increase from e-commerce and other services during the fourth quarter. Mobile gaming has become one of the most powerful influencers of growth for NetEase, with the company’s mobile portfolio now overflowing with more than 80 games.

Company has established a strong position in the gaming market

Last Year, NetEase began taking steps to improve its position in the mobile gaming space. These efforts have proven successful, and this will allow the company to compete with others in the mobile space more effectively. While NetEase is expected to continue focusing heavily on online gaming, particularly where traditional PC games are concerned, the mobile space may begin to take up more of the company’s focus this year.

NetEase may see more growth during the first quarter of this year

Analysts expect that NetEase’s net revenue for the first quarter of 2016 will grow by 126%, but the company has not yet released any information concerning the most recent quarter. If mobile games continue to prove lucrative for the company, revenue growth will likely be secured. It will, of course, have to ensure that its games are quite attractive to consumers that rely on their smartphones and tablets for entertainment.

The turnaround strategy for the struggling Canadian handset maker is now aiming toward cyber-protection.

BlackBerry has tried virtually everything to try to recover its floundering handset business, but the area in which it has remained strong – and where its future may lie – is in mobile security.

The company has underscored that belief in the recent acquisition of Encription, a company based in the U.K.

Encription is a consultancy that is based in cyber and mobile security. The importance of digital security has been increasing in virtually every industry around the world, particularly in the growth in of the Internet of Things (IoT). As the dependence on connected technology increases, so does the demand for security software and related consultancy services. BlackBerry has always been strong in this area and will likely be playing to that strength in order to recover from its suffering hardware business as it recreates itself.

The details regarding the acquisition of the cyber and mobile security firm have yet to be released.

That said, by acquiring this company, BlackBerry will gain access to a large new customer base, in addition to the talent of about 40 professionals in the cyber security industry. These experts have already assisted in testing network vulnerabilities for a wealth of large corporations as well as government agencies.

The head of corporate development at BlackBerry, James Mackey, explained that acquiring Encription was a natural decision for the company and will seamlessly extend BlackBerry to allow it to offer a broader range of cyber security services than it ever has. Moreover, as it solidifies its customer base with the newest additions, it will now become possible for the Canadian tech company to cross-sell its own software products.

Protecting device users against mobile security threats, as well as the creation and implementation of strategies to mitigate those threats and the enhancement of vital IT security standards are some of the areas in which BlackBerry has held considerable appeal among consumers and business customers, alike. Many industry analysts have been predicting this path for the company for well over a year, as the hardware side of the company continues a downward stumble.