Discover how miHoYo's Genshin Impact propelled their net profit to $2.26 billion in 2022, surpassing Sony Interactive Entertainment. Explore the rise of mobile gaming and miHoYo's future prospects
According to a report by Guangming Daily, miHoYo, the developer of Genshin Impact, made a net profit of 16.145 billion yuan ($2.26 billion) in 2022. This is more than the net profit of Sony Interactive Entertainment, the parent company of PlayStation, which was 15.2 billion yen ($132 million) in the same year.
The success of Genshin Impact is largely responsible for miHoYo's record profits. The game has been a global hit, generating over $4 billion in revenue since its release in 2020. It is one of the most popular mobile games in the world, and it has also been successful on PC and consoles.
miHoYo's success is a sign of the growing importance of mobile gaming. Mobile games are now the most popular type of game in the world, and they are generating more revenue than ever before. Genshin Impact is just one example of a mobile game that has achieved massive success.
It will be interesting to see how miHoYo builds on its success in the years to come. The company has already announced a number of new games, including Honkai: Star Rail and Tears of Themis. If these games are as successful as Genshin Impact, miHoYo could become one of the most powerful gaming companies in the world.
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