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Tencent rejects Black Shark

by on11 October 2022

You are going to need a bigger boat

Tencent has decided not to buy Xiaomi's premium gaming smartphone brand, Black Shark.

The dark satanic rumour mill has been claiming that Xiaomi has been trying to off-load Black Shark, to Tencent since early 2022.

Black Shark will fire half its employees and will abandon plans for a foray into virtual reality (VR) tech.  It is bad news for Xiaomi which was hoping to collect $420 million from the deal. 

Meanwhile, Black Shark's more established line of mobile gaming flagships and not been upgraded with the Snapdragon 8+ Gen 1 SoC. 


Last modified on 11 October 2022
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