Ninja Theory has denied a report which paraphrased its co-founder stating the studio will cease working on console games.
The previous report quoted the studio's design lead Tameem Antoniades as suggesting the studio was to abandon consoles because the business model is "broken".
But in a statement sent to CVG, a Ninja Theory representative denied this.
"Today it has been reported that Ninja Theory will exclusively pursue mobile gaming development in the future, however it is important to state that these reports are inaccurate," read the statement.
"Although we are excited by mobile opportunities, and the release of our first mobile title Fightback, we are not making the transition to a mobile only studio. We are currently developing for both console and mobile platforms and plan to do so for the foreseeable future. We believe that the future is digital for all gaming, be it console, mobile or any other platform, and this was the intended meaning of the comments that have been reported on."
Ninja Theory will cease work on console games and work entirely for mobile, according to a report quoting one of the Cambridge studio's co-founders.
Ninja Theory's design lead, Tameem Antoniades, was paraphrased by Edge as saying that the studio "is heading entirely for mobile".
Antoniades made the announcement last Wednesday at the Nokia-sponsored Slush conference in Helsinki.
"The AAA games console model is a little bit broken," he said.
"To us, success is being able to survive. But every now and then you look around at a conference and realise that there's no-one left. That's because of the barriers to entry at the $60 model. The platform holders control the platform and the distribution, the publishers control the marketing and the funding."
Continuing to justify the decision to move to mobile gaming, he added: "Who here thought, five years ago, that tablets would replace PCs? We always hear from developers that mobile has bad inputs, that it's low-powered, that the battery life isn't up to scratch. It's a mixture of misinformation and problems that will eventually be solved.
"Mobiles and tablets are already approaching current gen games. It's the most intuitive interface. We're already seeing high-end displays on tablets. As Bruce Lee said; it's not how you fight the tide, it's how you flow with it."
It is not clear whether Ninja Theory is still working on any console games projects. Studios that transition from console games development to mobile typically make noticable adjustments to their workforce, though it is unclear whether Ninja Theory has made any redundancies.
Antoniades also gave his views on the current state of consoles, saying: "So you heard the Xbox One announcement? TV, TV, TV. That couldn't be further from the truth, it's completely the wrong direction. It does seem like, despite the best intentions of Microsoft, Sony, Nintendo, they've still got too much momentum to steer."
In July 2013 the studio released its first iOS title, action fighting game Fightback.
Additional reporting: Rob Crossley