Taiwan, US firms to jointly release online game

The China Post news staff and CNA

XPEC Entertainment Inc., a local game developer, will release a downloadable online console game that features Hollywood characters by the end of 2012, making it the first company in Taiwan or China to do so, the company said yesterday. However, details of the game, such as the IP (intellectual property) character or which film studio is involved in the collaboration, will not be revealed until late March, said Arron Hsu, XPEC’s chairman.

“As this is part of a holistic worldwide development and marketing plan, I’m sorry we cannot give further details,” Hsu told a press conference in Taipei, vowing that the game will have “a wow factor” and be “worth waiting for.”

XPEC hoped that its collaboration with the Los Angeles-based SEE Games, an entertainment company publishing digital and online games tied to major licensed Hollywood franchises, could open the door to more potential cooperative ventures, according to Hsu.

Corey Redmond, president of SEE, also attended the press conference and expressed his delight at cooperating with a Taiwanese company for the first time. “Our business relationship starts with this one game, but I think it is my hope and also Hsu’s hope that we can continue this relationship with XPEC and with Taiwan and make other games in the future,” he said. Praising XPEC as a “fantastic, second-to-none developer,” Redmond said he was excited about the expansion from the U.S. to Asia.

Christina Liu, chairwoman of the Council for Economic Planning and Development (CEPD), was also at the news conference and lauded the collaboration between XPEC and SEE Games. “Taiwan’s innovation and soft power are manifested in this partnership deal,” she said. She also touted CEPD’s global business solicitation efforts, saying as a result of those efforts, Taiwan will this week sign a major memorandum of understanding with a foreign firm, and a few more in February and March. When asked about the European debt crisis, she said it has caused global stock volatility and is expected to affect Taiwan exports. “Yet the crisis may also be an opportunity for Taiwan, as long as the island figures out the correct way to respond to it,” she said.