SEOUL, Nov. 20 (Korea Bizwire) – South Korean e-sports star Faker said Wednesday that his past failures taught him valuable lessons that shaped who he is today, encouraging young people to embrace challenges with passion. The professional League of Legends (LoL) player, whose real name is Lee Sang-hyeok, made the remarks at an event in [...]
BUSAN, Nov. 14 (Korea Bizwire) – In a fierce competition for South Korea’s most prestigious gaming award, Netmarble’s mobile game “Solo Leveling: ARISE” clinched the Presidential Prize at the 2024 Korea Game Awards on November 13, marking the company’s biggest success of the year. Based on “Solo Leveling,” a popular Korean cultural export that has garnered [...]
SEOUL, Nov. 13 (Korea Bizwire) – As the third quarter of 2024 comes to a close, South Korea’s gaming industry is experiencing a stark divide in financial performance, with companies’ fortunes increasingly dependent on their intellectual property (IP) portfolios, leading major players to adopt divergent strategies for 2025. Industry powerhouses Krafton and Nexon, often considered the [...]
SEOUL, Nov. 5 (Korea Bizwire) – In response to its first quarterly loss in 12 years, South Korean gaming giant NCsoft has pledged to undergo a drastic restructuring by year’s end to revitalize its performance. During the third-quarter earnings call on November 4, NCsoft CFO Hong Won-jun promised that from 2025 onwards, the company would focus [...]
SEOUL, Nov. 4 (Korea Bizwire) – Major gaming companies are intensifying their competition in the top-down perspective combat game market, with several high-profile titles scheduled for release around 2025, all emphasizing real-time player-versus-player combat and cross-platform gameplay. According to industry sources on November 2, Krafton will showcase its upcoming title “Project Arc” at G-STAR, Korea’s largest [...]
SEOUL, Oct. 28 (Korea Bizwire) — Com2uS Corp., a South Korean game publisher, said Monday it will begin service of its subculture title, “Starseed: Asnia Trigger,” in North America and two other English-speaking nations later this week. Users in the United States, Canada, Britain and the Philippines will be able to play the game starting [...]
SEOUL, Oct. 23 (Korea Bizwire) – NCSoft, one of South Korea’s largest gaming companies, announced on October 22 a major restructuring that will see it abandon several new intellectual properties (IPs) to refocus on its successful “Lineage” series and other massively multiplayer online role-playing games (MMORPGs). The company will shut down multiple projects, including “Battle Crush,” [...]
SEOUL, Oct. 21 (Korea Bizwire) – Hyundai Motor Company’s high-performance division, Hyundai N, is making a bold move into the world of e-sports with the announcement of its global virtual racing competition, the Hyundai N Virtual Cup. The announcement came on October 20 at the ADAC Sim Racing Expo in Dortmund, Germany, marking a significant step [...]
SEOUL, Oct. 3 (Korea Bizwire) – NCsoft, the South Korean game developer, has launched its highly anticipated massively multiplayer online role-playing game (MMORPG) “Throne and Liberty” (TL) in collaboration with Amazon Games. The game was released on October 2 across North and South America, Europe, Oceania, and Japan, marking a significant step in NCsoft’s global expansion. [...]
SEOUL, Sept. 23 (Korea Bizwire) – In a groundbreaking decision, Nexon Korea has agreed to compensate 800,000 players of its popular game MapleStory with 21.9 billion won worth of Nexon Cash, the company’s virtual currency that can be converted to real money. This compensation comes in response to allegations that the company manipulated probabilities for in-game [...]