SEOUL, Sept. 6 (Korea Bizwire) — Since the latter part of last year, South Korean gaming industry has encountered challenges, marked by a decline in performance resulting from the easing of social distancing measures and the increasing popularity of foreign games. This downturn has led to a flurry of legal battles centered on intellectual property [...]
SEOUL, Sept. 4 (Korea Bizwire) — Netmarble Corp. continues its “select and focus” program, actively discontinuing unprofitable existing game services. The South Korean game developer and publisher officially announced through its online cafe on Thursday that it will pull the plug on its mobile game ‘Monster Taming’ on Nov. 30, initiating the process of blocking [...]
SEOUL, Aug. 18 (Korea Bizwire) — A Seoul court on Friday sided with NCsoft Corp., one of the country’s leading online game developers, over allegations that a smaller game company had plagiarized its leading game Lineage M. NCsoft Corp. filed the intellectual property suit against the video game developer Webzen in June 2021, claiming it [...]
SEOUL, Aug. 16 (Korea Bizwire) — Korean-made mobile games are facing challenges in the Chinese market following a recent attempt to expand. Smilegate Holdings Inc.’s “Epic Seven,” which entered the Chinese market last June, held the 67th position on the Apple Store’s sales chart in the second week of August, according to mobile app market [...]
SEOUL, Aug. 10 (Korea Bizwire) — Nexon Co. dominates the South Korean gaming market in the second quarter, surpassing other major developers such as Netmarble Corp. and NCSOFT Corp. According to the financial reports of major listed game developers for the second quarter, Nexon was the sole company to exceed its operating profit from the [...]
SEOUL, Aug. 7 (Korea Bizwire) — An increasing number of game developers are embracing the strategy of “soft launches,” wherein they release games in a limited number of countries prior to the official launch. In contrast to beta testing, soft launches incorporate revenue-related elements like paid subscriptions, and the data remains intact post the official [...]
SEOUL, July 8 (Korea Bizwire) —Idle mobile games, a genre of mobile gaming that has previously received limited attention in the mainstream, have recently gained popularity among young people. Idle games are characterized by simple and repetitive gestures that allow players to enjoy the game without requiring much interaction. They minimize the need for [...]
SEOUL, June 28 (Korea Bizwire) — South Korea’s online gaming giant Nexon Co. said Tuesday it will showcase “KartRider,” a game that ceased its domestic service in March, as part of its game archive exhibition project. The Nexon Computer Museum, located on the southern resort island of Jeju, has been displaying seven discontinued and unreleased [...]
SEOUL, June 26 (Korea Bizwire) — South Korea’s gaming industry is accelerating its entry into the Chinese market, following the Chinese government’s grant of a series of game service licenses to Korean-made games since late last year. China has been reluctant to approve South Korean video games, seemingly as an economic retaliation against Seoul due [...]
SEOUL, June 22 (Korea Bizwire) — Steadily selling video games that were released years ago are now enjoying much stronger performance than new games, considering the number of users and revenues. “MapleStory,” the popular massively multiplayer online role-playing game (MMORPG) developed by Nexon Co., celebrated its 20th anniversary this year. According to the industry tracker [...]