SEOUL, March 15 (Korea Bizwire) - Netmarble Games, South Korea’s leading online game developer and publisher, has landed a hit in Japan with its “Seven Knights,” marking a success in its localization strategy, the company said Tuesday. “Seven Knights,” released in Japan on Feb. 5, ranked No. 7 in sales as of Friday on the App [...]
SEOUL, March 10 (Korea Bizwire) – Big-spending Chinese game companies armed with significant financial resources are rushing into the Korean market. As the ‘allies’ are engaged in strategic collaboration followed by equity acquisition, some industry officials are concerned that Korean game developers might fall into the hands of Chinese gaming companies. However, some consider the [...]
SEOUL, Feb. 19 (Korea Bizwire) – The South Korean government is set to bolster the game industry, which it sees having great potential to become the next growth engine, as economic growth remains sluggish. On Friday, the Ministry of Culture, Sports and Tourism and the Ministry of Science, ICT and Future Planning announced a set [...]
SEOUL, Feb.3 (Korea Bizwire) – The promise that Netmarble chair Bang Jun-hyuk made in September 2011 when he first stood in front of his staff has become reality. He set a goal to exceed 1 trillion won in sales by 2016, which seemed impossible at the moment, but was achieved a year before the self-imposed [...]
SEOUL, Dec. 2 (Korea Bizwire) – Samsung Electronics Co. introduced Wednesday the beta edition of a web browsing program for its virtual reality (VR) devices, allowing users to access more content online. The test edition of Samsung Internet for Gear VR will allow users of Samsung’s VR devices to stream various videos online and provide [...]
SEOUL, Nov.30 (Korea Bizwire) – Riot Games, famous for developing and distributing the online game ‘League of Legends’ (L.O.L) announced that it is digitally recording ‘Seowon’, the traditional Korean lecture halls that also served as memorial halls for Confucianist services to honor distinguished scholars and statesmen, in 3D. The project is one of the endeavors [...]
SEOUL, Aug. 25 (Korea Bizwire) – A recent study has shown that 9 out of 10 smartphone users aged between 20 to 40 enjoy mobile games. According to NBT, the company managing the mobile lock screen application Cash Slide, among 1,202 smartphone users aged between 20 to 40, 93.8 percent answered that they currently play [...]
SEOUL, August 5 (Korea Bizwire) - Soccer enthusiasts are excited about a new online service that manages scores and stats of amateur soccer players likepopular PC soccer games ‘Winning 11′ and ‘Football Manager’. The online service that is creating all the buzz is called ‘BePro 11′. It was launched by a company also named BePro, [...]
LOS ANGELES, Jul. 23 (Korea Bizwire) — SGN, the fastest growing major U.S. mobile games studio, announced today an investment of $130 million from Netmarble Games, the number one mobile games publisher in South Korea. With this investment, Netmarble will become the largest shareholder in SGN. In this strategic partnership, SGN looks to grow their [...]
SEOUL, July 2 (Korea Bizwire) – ICT service provider SK Networks Service threw down the gauntlet to the mobile game industry by picking mobile gaming as its new growth engine. Seo Bo-kook, CEO of SK Networks Service, said at a press conference announcing its new business plan, “We picked content services, especially mobile gaming, as [...]