Mobile games to generate over $1 bln in 2004

Video game and mobile phone companies are set to generate over $1 bln. According to Screen Digest, mobile phone gaming also will grow by more than six times to $6.4 bln between 2004 and the end of decade. Currently, Japan and Korea are well ahead of North America and Europe in market size, accounting for nearly 80% of all revenues derived from video game play and game downloads.