SEOUL, Jan. 15 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has signed a strategic partnership with Microsoft Corp. to strengthen the content of the gaming platform of its smart TVs. Under the partnership, additional Xbox games from Microsoft, including the Harry Potter game “Hogwarts Legacy,” will be available for subscribers of Xbox Game [...]
SEOUL, Jan. 6 (Korea Bizwire) — While fewer South Korean game developers are experiencing “crunch” periods—intense stretches of overtime before major releases or updates—the maximum weekly working hours during these periods have risen, according to a new report by the Korea Creative Content Agency. The 2024 Game Industry Labor Environment Survey, published on January 3, revealed [...]
SEOUL, Dec. 18 (Korea Bizwire) – Nexon and Ironmace, embroiled in a three-year legal battle over the copyright of Dark and Darker, faced off during the first witness hearings at the Seoul Central District Court on December 17. The proceedings centered on the development history of Nexon’s shelved Project P3 and its alleged similarities to [...]
SEOUL, Dec. 17 (Korea Bizwire) – The percentage of South Koreans who play video games has dropped below 60% for the first time in a decade, marking a significant decline from its peak during the COVID-19 pandemic when nearly three-quarters of the population were gaming. According to a new survey released on December 16 by the [...]
LOS ANGELES, Dec. 13 (Korea Bizwire) – As the gaming industry prepares for The Game Awards (TGA), often called the Oscars of gaming, South Korea’s hopes rest on a single nominee, while Asian developer are making unprecedented gains in the prestigious competition. According to the TGA jury, Stellar Blade, developed by South Korean studio Shift Up [...]
SEOUL, Dec. 6 (Korea Bizwire) – Major gaming companies worldwide are intensifying their competition to secure valuable intellectual property through aggressive mergers, acquisitions, and investments, with Asian technology giants leading the charge. Tencent, China’s largest gaming and technology company, has recently acquired domestic game developer Kuro Games, the studio behind Wuthering Waves, adding to its growing portfolio [...]
SEOUL, Dec. 6 (Korea Bizwire) — South Korean gamemaker Krafton Inc. said Friday it will host a global esports competition for its smash-hit battle royale title, PUBG: Battlegrounds, set to kick off next week. The PUBG Global Championship (PGC) 2024 will take place in Kuala Lumpur, Malaysia, from Monday to Dec. 22, according to the [...]
SEOUL, Dec. 6 (Korea Bizwire) – NCsoft, the South Korean gaming giant, has initiated development of a new casual game based on its Lineage intellectual property, following the recent release of Journey of Monarch, according to gaming industry sources. The company posted job listings on December 2 for content planners for what it describes as a “new [...]
SEOUL, Nov. 28 (Korea Bizwire) — NCSOFT Corp., a major South Korean game developer, finalized its decision to establish four new subsidiaries, including game studios, in an extraordinary meeting of shareholders, the company said Thursday. With the shareholders’ approval, the company will split off three game studios — FirstSpark Games, BigFire Games and Ludius Games [...]
SEOUL, Nov. 26 (Korea Bizwire) – After a two-year delay caused by Russia’s invasion of Ukraine, the highly anticipated “S.T.A.L.K.E.R. 2: Heart of Chornobyl” has finally emerged from Ukrainian game developer GSC Game World, marking the studio’s return to its flagship series after a 15-year hiatus. The game, released on November 21, offers a somber meditation [...]