Sega of Europe has recently registered domains for Shenmue. We already knew Shenmue 3 was in development and looking good, but now we have reason to expect a remaster of one or both of the previous games.
Sega Nerds caught wind of these domain registries which include ShenmueRemastered.com and ShenmueHD.com. Sega of Europe is also listed as the official registrar for both URLs. This may not confirm an HD remake of the first two games, as domain buying is common for securing purposes of ensuring nobody buys it out from under them. However, in 2016, Sega was already discussing their interest in a high-definition re-release of the Shenmue series.
However, with that announcement also came the mention of complications.
"Sadly it's not as simple as porting the games to the current platforms," said Sega Europe community manager Dan Sheridan. "We need to ensure that any HD remaster lives up to the quality of the original titles. "With games as immersive as [Shenmue and Shenmue 2], there are further complications [involving] licensed products that were included in the original games. That said, we'd love to do it and are currently investigating how to make it a reality."
Shenmue 3 is scheduled for release on PC and PlayStation 4 while aiming at a December 2017 release.