Chipsworld enters liquidation

Chipsworld ltd has entered liquidation, the company has told MCV. All 12 company-owned stores have been closed and 29 employees made redundant. The retailer said in a statement that it has struggled in the face of ‘the credit crunch, mounting unpaid debts and the recession.’ However, it’s not all over …

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Income nosedives at Capcom

Japanese publisher Capcom has reported income of YEN 216m for the quarter ending June 30th 2010 – a 94.8 per cent drop on the same period in 2009. Net income for the period fell 72.6 per cent year-on-year to just over YEN 1 trillion. Net sales fell 2.4 per cent …

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Realtime Worlds reveals new project

Dundee-based developer Realtime Worlds has lifted the lid on its next game – and it’s certainly a radical departure from its previous work. The developer is best known for its 2007 Xbox 360 hit Crackdown and more recently for PC outing APB, though the latter has so far failed to …

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System 3 announces triple-A digital-only release

System 3 will launch its new digital games strategy with what it says is the first triple-A PSN-only release this September. Ferrari: The Race Experience will be the publisher’s first premium download-only title on PS3. It’s the sequel to 2008’s Ferrari Challenge and 2009’s SuperCar Challenge. This launch will mark …

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3DS price and date incoming

The Japanese arm of news agency Bloomberg is reporting that Nintendo will announce a price and release date for the 3DS on September 29th, a couple of weeks after the Tokyo Game Show. The confirmation, spotted by VG247, apparently came via a phone conversation between Bloomberg and Nintendo spokesperson Hiroshi …

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PS3 surge boosts Sony

An impressive year-on-year boost in PS3 sales has delivered a strong financial quarter for Sony for the three months ending June 30th 2010. Losses at the Networked Products and Devices Division, which includes PlayStation, dropped to YEN 3.8bn – in the same period last year that number stood at YEN …

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