SEOUL, May 6 (Korea Bizwire) — A strict regulation that bans nighttime online gaming for children has led to a 1.16 trillion won (US$1.07 billion) loss in the South Korean games industry, a report showed Wednesday. Also known as the “forced shutdown system,” online game operators are currently prohibited from providing services to children under [...]
SEOUL, March 25 (Korea Bizwire) — A Korean regional court has reached an interesting verdict in an online insult case. Incheon District Court judge Kim Sung-jin said on March 24 that a university student on a leave of absence has been fined 2 million won (US$ 1,800) on charges of insulting the ID, not the [...]
SEOUL, March 24 (Korea Bizwire) – Tablet PCs offer mobility and connectivity benefits compared to computers, with their small size not standing in the way of impressive hardware specs. However, there is also dark side to the Tablet PC world, with pervasive online gambling that is becoming especially rampant in Korea. On March 23, Jungbu [...]
SEOUL, Feb. 17 (Korea Bizwire) — South Korea’s No. 2 online game developer NCsoft , facing a possible hostile takeover by top player Nexon, joined Tuesday with a smaller local rival to protect its management control, as the dispute is about to reach a boiling point ahead of NCsoft’s crucial shareholders meeting slated for next month. [...]
SEOUL, Jan. 28 (Korea Bizwire) — Nexon, the nation’s No.1 online game brand and the largest shareholder of NC Soft, publicly announced on January 27 that it will participate in the management of the latter company, a change from its previously held position as a simple shareholder. Nexon became the controlling stakeholder of NC Soft [...]
SEOUL, Jan. 26 (Korea Bizwire) — In collaboration with Unity Korea, the SmileGate Studio of Hope hosted the 2015 Global Game Jam Korea, in order to foster game creation passion and promote development of the gaming industry. The gaming festival was held at the Orange Farm Seocho Center for 2 nights and 3 days until [...]
SEOUL, Dec. 5 (Korea Bizwire) – Gamers who buy pets in World of Warcraft will now be able to donate money to help Ebola victims in West Africa. Blizzard Entertainment released a game-pet named Argi, and announced that proceeds from the adoption of the pet would be sent to the U.S. Red Cross, to be used in [...]
SEOUL, Nov. 22 (Korea Bizwire) – At the ongoing global game exhibition G-Star in Busan’s BEXCO, mobile games are emerging as a new growth engine in the gaming industry. Although the main booths of the exhibition hall showcase blockbuster online PC games, mobile games, despite their lack of mainstream status, are increasingly gaining prominence. NCSoft, [...]
TAIPEI, SEOUL, and BUSAN, South Korea, Nov. 18 (Korea Bizwire) — Ubitus Inc., the worldwide cloud gaming technology leader, is proud to announce the partnership with NC SOFT, the leading South Korean online game publisher and developer to bring its most anticipated new MMORPG game LINEAGE ETERNAL to the cloud during Korea’s largest game show [...]
SEOUL, Nov. 8 (Korea Bizwire) — NHN Entertainment said its ten popular web board games out of 13 have been given warnings from the government regulators for possible rating cancellation. The Game Rating and Administration Committee had notified the company on November 6 that it would withdraw the rating approval for ten web board games that it services [...]