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Sony pouring $2.16bn into R&D for live service games and extended reality

Sony Group is significantly increasing its research and development investments into its games segment, with a particular focus on live service games and opportunities in extended reality.

Nikkei Asia reports the platform holder will dedicate ¥300 billion to games R&D for the current fiscal year, which ends on March 30, 2024 – now more than Sony's investment in electronics and semiconductors..

This is an 11% increase on the ¥271.1 billion ($2 billion) spent on this segment in the previous financial year, and more than double the ¥144.5 billion ($1 billion) invested in fiscal 2020.

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source https://www.gamesindustry.biz/sony-pouring-216bn-into-rd-for-live-service-games-and-extended-reality