In late August, Chinese authorities set a three-hour weekly limit on online gaming, while standalone services provided by international providers such as Steam still remain available. analyst from iiMedia Research told Sixth Tone the move is another step in curbing minors from spending excessive time online. Currently, while minors face limited time playing provided by domestic companies, they still can access games available on overseas platforms outside their curfew.
Now the most cut-throat competition in Chinese tech has played out in chip and electric vehicle businesses.Increasingly, some of the tech giants are no longer content with partnering with hardware companies. The combination of software and hardware is likely to be the future business model for many Chinese software companies, said Analyst from iiMedia Research. The long-term goal for Chinese internet companies now is to establish ecosystems and the software ecosystem needs to be supported by stronger hardware, he noted.