Events
- March - In Sweden, the Swedish video game magazine Super PLAY (SP) starts. The original name is Super Power.
- Midway Games embroiled in controversy for its game Mortal Kombat from 1992 when the game is launched for video game consoles in 1993.
Notable releases
- August - Nintendo releases The Legend of Zelda: Link's Awakening (Game Boy), which becomes the best-selling handheld game in the series.
- September 24 - Broderbund releases the Myst computer game, which goes on to become one of the bestselling games of all time.
- December 10 - id Software releases Doom, a seminal first-person shooter that advanced 3D graphics for computer games.
- Nintendo releases the game Star Fox for the Super Nintendo Entertainment System, the first game to use the Super FX Chip.
- Sega releases the Virtua Fighter (by AM2) arcade game, which is later displayed at the Smithsonian Institution.
- Squaresoft releases Secret of Mana for the SNES, the second in a series of role-playing games(the first technically being Final Fantasy Adventure for the Gameboy in 1991).
- Nintendo releases Kirby's Adventure, the second Kirby game and the only one for the NES.
- Nintendo releases the game Super Mario All-Stars for the Super NES. It features the first 3 Super Mario Bros. games together on one. Also, it's the first time the Japan version of Super Mario Bros 2 is playable in North America.
Hardware
- Atari Corp. releases the Jaguar home console, the first 64-bit video game system
- Commodore Business Machines releases the Amiga CD32 multimedia home console
- Fujitsu releases the FM Towns Marty home console
- Goldstar, Panasonic, and Sanyo release their versions of the 3DO, the first 32-bit home console
- Nintendo releases a smaller redesigned NES, which allows cartridges to now be inserted at the top of the console, instead of the front.
- Pioneer releases the Laseractive multimedia home console
- Sega's Mega CD released in Europe and Australia.
- Tandy releases the Video Information System (VIS) multimedia home console
Business
- Magnavox is acquired by the Carlyle Group
- Microprose Inc. is acquired by Spectrum Holobyte
- New companies: nVidia Corporation, Take Two Interactive Software Inc., Croteam Ltd.
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