SEOUL, March 29 (Korea Bizwire) — While the selling of “loot boxes” and similar methods of generating randomized virtual items has been a win for gaming companies, the practice has been less appreciated by both gamers and the general public, with some comparing it to gambling or an online lottery. Using loot boxes as an [...]
SEOUL, March 21 (Korea Bizwire) — Could mobile eSports become the next big thing and replace PC-based games? Smartphone-based eSports games are gradually solidifying their position as the next generation answer to the eSports industry given the wider smartphone user base and better access to online streaming. However, with massive hits on PC like PlayerUnknown’s Battlegrounds [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korean gamers who play PlayerUnknown’s Battlegrounds are breaking boundaries between online broadcasting and gaming itself, with more and more turning to the internet to show off their gaming skills. PlayerUnknown’s Battlegrounds (PUBG), a South Korean online battle royale game that has garnered international popularity since its release last year, [...]
SEOUL, Feb. 12 (Korea Bizwire) — Game content was the biggest contributor to South Korea’s overall content exports last year, helped by the spread of smartphones from which games can be downloaded and played, a local content agency said Sunday. South Korea exported 4.1 trillion won (US$3.77 billion) worth of game content last year, accounting [...]
SEOUL, Feb. 1 (Korea Bizwire) — Google’s Indie Games Festival will be back for the third time later this year. The tech giant said on Thursday it will open the annual festival to support indie game developers and gamers in April. The festival consists of a number of events including an offline exhibition where independent game [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korean game makers Nexon and Netmarble posted record-breaking annual sales figure of over 2 trillion won last year, confirming the steady growth of the country’s video game industry. According to sources close to the stock market on Sunday, the sales figures of the two leading South Korean game companies [...]
SEOUL, Jan. 11 (Korea Bizwire) — Netmarble Games said Thursday it will launch a foundation this month to contribute to society. Netmarble will be the third online game developer in South Korea to establish a foundation to support social welfare efforts after NCsoft Corp. and Smile Gate. “We’ve decided to launch a foundation to enhance [...]
SEOUL, Dec. 21 (Korea Bizwire) – The mega-hit computer game “PlayerUnknown’s Battlegrounds” was officially launched in South Korea on Thursday. The multiplayer online battle video game is available to local users through a platform provided by Kakao Games, the game unit under Kakao Corp., which operates South Korea’s most-used mobile messenger Kakao Talk. “PlayerUnknown’s Battlegrounds” [...]
SEOUL, Dec. 20 (Korea Bizwire) – NCsoft Corp., a South Korean online gamemaker, said Wednesday the mobile version of its mega-hit game Lineage, ranked the No. 1 mobile application in terms of sales in Taiwan. Lineage M has become the most popular app both in the Google Play Store and Apple’s App Store in Taiwan, since its launch on Dec. 11, the company said. The new Lineage M features a very high degree of visual resolution, yet brings back [...]
SEOUL, Dec. 14 (Korea Bizwire) – Revenue generated by mobile games surged this year, while traditional moneymakers like online games and “PC room” games – games played in South Korean internet cafes – stumbled. South Korean games have endured a series of ups and downs in the past decade. According to a government document published [...]