SEOUL, Nov. 2 (Korea Bizwire) – The Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency have published the Game Industry White Paper 2014 which summarized the domestic and international game industry statistics for the year 2013. According to the White Paper, the total size of Korea’s game market in 2013 was 9,719.8 billion [...]
![[Quote] Korean E-sports Games Have Been Sold down the River at World Tournaments](http://koreabizwire.com/wp/wp-content/uploads/2014/10/riotgames.jpg "[Quote] Korean E-sports Games Have Been Sold down the River at World Tournaments")
“Although Korea is hosting major world-class e-sports competition events, all of the e-sports games are made abroad, not at home, which is detrimental to our games in advancing into the world market. What is more serious is that it is too heavy a burden that small games developers are responsible for the entire prize money [...]
Tokyo, Japan, Sep. 22 (Korea Bizwire) – LINE Corporation, owner and operator of the free call and messaging app LINE, today announced that its official camera app, LINE camera, has surpassed the 100 million global download mark as of September 22. LINE camera is LINE’s official camera app, and provides users with the functionality to [...]
![[Quote] It is Time for G-Star to Explore New Way to Make Profits](http://koreabizwire.com/wp/wp-content/uploads/2014/09/G-Star.jpg "[Quote] It is Time for G-Star to Explore New Way to Make Profits")
“Even though G-Star might not make the best return on investment in terms of marketing aspect, it could offer a good opportunity for startups to make a breakthrough, and could also be a festivity sort of for game players and game businesses as a whole.” Choi Gwan-ho, chief of executive committee of G-Star and chairman [...]
SEOUL, Sept. 6 (Korea Bizwire) – NHN Entertainment took the first step to enter the e-commerce market in Korea. The game company announced on September 4 that it would purchase 5.1 million shares of Korea Cyber Payment at the cost of 64.19 billion won, or about US$62.7 million. After its paid-in capital increase, the Korean game publisher [...]
SEOUL, Sept. 5 (Korea Bizwire) – Sony Computer Entertainment Korea said on September 4 that it has completed the construction of the PlayStation classroom at the Seoul campus of Sangmyung University on the 3rd and will begin the first class on the 5th. The PlayStation class was prepared for students taking game-related courses so that they could learn the [...]
BOULDER, CO, Sep 4 (Korea Bizwire) – Sphero, leaders in connected play, announced today the launch of their next generation app-controlled robot Ollie. Initially introduced as Sphero 2B at CES in January, Ollie takes connected play to the next level by combining the technology that Sphero 2.0 is known for with innovative controls and integrated [...]
SEOUL, Sep. 4 (Korea Bizwire) – NHN Entertainment announced on September 2 that the company started to put forth its utmost effort to lead the global game market with its mobile game, Zombie Virus. In the game, players can conquer a virtual world by spreading zombie viruses to all over the world. The game launched through [...]
SEOUL, Sep. 3 (Korea Bizwire) – NEOWIZ GAMES held a media showcase on September 2, preceding the first non-public exhibition test for ‘Asker,’ a blockbuster online action role-playing game (RPG) that NEOWIZ CRS, a subsidiary of Neowiz Games, is currently developing. For the first half of the year 2014, Neowiz Games has launched the online games [...]
SEOUL, Sept. 3 (Korea Bizwire) – A Korean mobile game producer, PATI Games, announced it has successfully secured 20 billion won (US$19.7 million) of capital investment from Tencent, China’s largest Internet service provider. PATI Games announced on September 1 that Tencent would invest the amount through the third-party allocation of new shares. With this capital [...]