SEOUL, Dec. 7 (Korea Bizwire) — Krafton Inc., a South Korean gaming giant behind the global smash hit “PlayerUnknown’s Battlegrounds” (PUBG), said Tuesday that it has invested US$6 million in an Arabic mobile games publisher The investment into Tamatem Games is part of a funding round worth $11 million that includes other investors, such as [...]
SEOUL, Nov. 11 (Korea Bizwire) — NCSOFT Corp., a major South Korean online and mobile game developer, said Thursday that its net profit fell 34.8 percent in the third quarter from a year earlier due partly to poor performance of its new titles. Net profit stood at 99.5 billion won (US$84.3 million) during the July-September [...]
SEOUL, Nov. 10 (Korea Bizwire) — Lineage 2M, a mobile massively multiplayer online role-playing game (MMORPG), will land in a total of 29 countries next month, South Korean online game maker NCSOFT Corp. said Wednesday. The mobile version of the megahit game Lineage 2 will be simultaneously available on Google’s Android and Apple’s iOS devices [...]
SEOUL, Oct. 8 (Korea Bizwire) — South Korean video game giant NCSOFT Corp., stricken with criticism over newly released game and a plunging share price, is yet again facing a sexual harassment case. An anonymous whistleblower at the company posted on Blind, an anonymous community of employed workers, that “certain individuals notorious for committing sexual [...]
SEOUL, Oct. 1 (Korea Bizwire) — South Korea’s video game powerhouses are eyeing new grounds, from K-pop to TV shows, in search for new audiences as they become increasingly outshined by a new generation of game companies. Earlier this year, NCSOFT Corp., the creator of the hit fantasy series “Lineage,” launched a K-pop fan platform [...]
SEOUL, Sept. 13 (Korea Bizwire) — Shares in South Korean video game giant NCSOFT continued to sink Monday on disappointment over its new title “Blade & Soul 2.” NCSOFT’s shares closed at 591,000 won (US$505), down 29.39 percent from Aug. 25, a day before the game’s launch, with 5.4 trillion won cleared from its market [...]
SEOUL, Sept. 10 (Korea Bizwire) — Apple Inc. on Friday rejected U.S. game maker Epic Games Inc.’s request that its hit title “Fortnite” be rereleased in South Korea in a case that highlights a tug-of-war over lucrative payment systems on the app market. The video game maker earlier tweeted that it asked Apple to restore [...]
SEOUL, Sept. 9 (Korea Bizwire) — An increasing number of games are introducing Korean backdrops, instead of the more common western or Japanese settings. Last month, South Korean game developer Pearl Abyss introduced a new game “DokeV” at the German game exhibition “Gamescom 2021.” The game’s teaser, which has already surpassed 7 million views on [...]
SEOUL, Sept. 6 (Korea Bizwire) — A handful of South Korea’s popular game developers have launched cloud services, raising expectations that the cloud gaming market, which has struggled to attract attention, is likely to grow significantly in the near future. Nvidia Corp.’s GeForce NOW game streaming service, which is operated by major telecom operator LG [...]
SEOUL, Aug. 27 (Korea Bizwire) – South Korean game developer Pearl Abyss said Friday it will roll out the mobile version of its megahit online game Black Desert in China. Preregistrations for the massively multiplayer online role-playing game (MMORPG) for the mobile platform began earlier in the day, Pearl Abyss said. The game, which features [...]