SEOUL, Aug. 11 (Korea Bizwire) — Korea’s online game companies posted disappointing results for the second quarter. NHN Entertainment (formerly Hangame) said on August 7 it recorded an operating loss of 7.3 billion won(US$7.08 million) for the quarter. This is the first quarterly loss for the company since its founding as a gaming division of Naver in [...]
SEOUL, Aug. 8 (Korea Bizwire) – After Gamevil’s acquisition of Com2us last year, the two companies showed record-high sales during the second quarter of this year thanks to the skyrocketing overseas sales and the synergy effects from the merger. According to the announcement of their sales revenue, Gamevil and Com2us posted 33.2 billion won (US$32 million) [...]
SEOUL, July 16 (Korea Bizwire) – Nexon, Korea leading game developer, strengthened the partnership with mobile game maker Neptune by making a strategic investment. With the investment made on July 14, Nexon could gain the global publication rights of sports simulation games developed by Neptune. Neptune, founded by former NHN Hangame CEO Chung Wook, is a [...]
SEOUL, July 11 (Korea Bizwire) – Race is on among the mobile game makers to come up with more effective and creative marketing campaigns, aimed at winning over the prospective users even before games are officially released. Swedish game developer Supercell, for example, has reportedly earmarked 10 billion won (US$10million) of marketing budget to promote its [...]
SEOUL, June 26 (Korea Bizwire) –The ITS (International Trade Show for) Game 2014, Korea’s only game-related B2B event, hosted by the Ministry of Culture, Sports, and Tourism and organized by the Korea Creative Content Agency, has generated $72.21-million export deals, the largest ever in its history. The ITS Game 2014 export consultation meetings ran for two [...]
SEOUL, June 26 (Korea Bizwire) – SK Telecom said on June 24 that it has launched a “Cloud Game” service by which users can play high-quality video console games available only on Xbox or PlayStation. Cloud Game allows smartphone users to have access to the cloud server and play the game without the need for installing the [...]
SEOUL, June 24 (Korea Bizwire)–Korean mobile game company, Com2us, have achieved remarkable success in Asia and global markets with its two popular games, “the God of Fishing” and “Summoners’ War: Sky Arena.” According to Com2us on June 20, its famous RPG game, “Summoners’ War: Sky Arena,” stepped on to the No. 1 position in Singapore’s [...]
GLENDALE, Calif. June 19, 2014 (Korea Bizwire)–Disney Publishing Worldwide today re-defines the storytelling experience with the release of “Star Wars Scene Maker,“ a new line of creativity apps that gives kids and Star Wars fans of all ages the tools to create, control, customize, capture and share their own 3D animated Star Wars scenes. Utilizing simple, intuitive [...]
REDWOOD CITY, Calif., June 17, 2014 (Korea Bizwire)–Electronic Arts Inc. (EA) today announced that EA SPORTS™ UFC® is now available at retail stores throughout North America and will be in stores June 20 in Europe for Xbox One, the all-in-one games and entertainment system from Microsoft and PlayStation® 4 computer entertainment system. Heralded by USA [...]
SAN FRANCISCO, June 13, 2014 (Korea Bizwire)–KLab Inc. announced today the release of the mobile football game, Fantastic Eleven. In the game, players will be able to collect player cards, create and manage teams, and compete in football matches. Fantastic Eleven is KLab’s first global mobile football game with in-app purchases. KLab signed an agreement [...]