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The establishment of the subsidiary has received approval from local economic regulators. Because of policy restrictions, it will be engaged in online game R&D by recruiting local talents.
Perfect World currently accounts for 40% of China's online game exports. Its Taiwan subsidiary will focus on online game outsourcing, instead of taping the local market.
By far, Perfect World already has R&D teams in North America and Mainland China. The formation of its Taiwan team will greatly improve its R&D efficiency.
Last week, Perfect World exposed that it set up the Taiwan subsidiary with USD 3.44 million in mid October. Malaysia's Perfect Star carried out the investment in the name of Perfect World Board Chairman and CEO Michael Chi.
Source: www.hexun.com (October 21, 2009)
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