SEOUL, Nov. 21 (Korea Bizwire) – A record number of gamers visited this year’s global gaming convention G-Star, marking a successful year for the South Korean gaming industry. G-Star 2017 wrapped up on Sunday after four days of successful events attended by over 225,000 people, the biggest audience since the game exhibition was launched in 2005 [...]
SEOUL, Nov. 8 (Korea Bizwire) – The Fair Trade Commission (FTC) announced on November 8 that it has drafted a standardized list of terms and conditions for the mobile gaming industry that has been passed into law. Mobile gaming is growing in popularity by leaps and bounds, but its steady rise has also been accompanied [...]
SEOUL, Nov. 1 (Korea Bizwire) – Shanghai-based South Korean businessman Kim Hae-soo has won this year’s ‘Next Generation Rising Venture Conference’ with his business of virtual reality-based room escape cafés. During the event, which was jointly held by the World Federation of Overseas Korean Traders Association and Yonhap News Agency to help young South Korean businessmen [...]
SEOUL, Sept. 28 (Korea Bizwire) — Kakao Games Co., the mobile game subsidiary of Kakao Corp., the operator of South Korea’s dominant messaging app, plans to launch an initial public offering next year, a company official said Thursday. The planned IPO is part of Kakao Games’ strategy to make inroads into global markets and develop [...]
SEOUL, Aug. 23 (Korea Bizwire) – Netmarble Games, South Korea’s top mobile game developer, on Wednesday rolled out its mega-hit title, “Lineage 2: Revolution,” in Japan. The mobile role-playing game immediately became the most popular free app both in the Google Play Store and Apple’s App Store. The game — which has gained huge popularity [...]
SEOUL, Aug. 18 (Korea Bizwire) – South Korean messaging giant Kakao announced on Thursday it is incorporating all of its gaming business divisions into Kakao Games, its gaming affiliate, in a strategic move that will boost its competitiveness and expertise in the gaming industry. The decision, which was made by the board of directors the [...]
SEOUL, Aug. 14 (Korea Bizwire) — Kakao Games Corp., the game unit under Kakao Corp., which operates South Korea’s most-used mobile messenger Kakao Talk, said Monday that it will publish mega-hit computer game “PlayerUnknown’s Battlegrounds” in South Korea. Under an agreement with Bluehole Inc., Kakao Games will launch the multiplayer online battle video game in [...]
SEOUL, Aug. 14 (Korea Bizwire) — South Korea’s longtime online game giant Nexon Korea Co. is finding itself threatened by its smaller local rival Netmarble Games Corp. partly as mobile has become a more popular platform than desktops, market watchers said Monday. Netmarble, South Korea’s No. 1 mobile game developer and publisher, announced on Friday [...]
SEOUL, Aug. 9 (Korea Bizwire) — The Ministry of Culture, Sports and Tourism is set to implement a new gaming law amendment which will scrap the limit on the height of barricades for virtual reality arcade machines and remove restrictions on internet gaming centers, widely known in Korea as PC bangs, that serve food. The [...]
SEOUL, Aug. 1 (Korea Bizwire) – Netmarble Games, South Korea’s top mobile game developer, said the number of pre-registrations for its mega-hit title, “Lineage 2: Revolution,” in Japan surpassed the 1 million mark Tuesday. Netmarble started accepting the preorders for the mobile role-playing game from the official website for Japanese players on April 28 before [...]