SEOUL, April 15, (Korea Bizwire) — South Korea’s antitrust regulator has penalized a domestic game developer for deceiving players about the odds of winning in-game items, marking a rare move to regulate deceptive practices in the booming online gaming sector. The Korea Fair Trade Commission (KFTC) announced on Monday that it has imposed a corrective [...]
SEOUL, April 8 (Korea Bizwire) — In a move aimed at enhancing transparency in South Korea’s booming gaming industry, a new legislative proposal seeks to require game companies not only to disclose loot box odds, but also to provide players with their full personal histories of loot box outcomes. Representative Kim Byung-kee of the Democratic [...]
SEOUL, April 7 (Korea Bizwire) — South Korea’s Supreme Court has ruled that when a company uses copyrighted music without permission in an online game, each day of unauthorized use constitutes a separate financial gain — and thus a separate legal violation subject to its own statute of limitations. The landmark decision was announced Sunday after [...]
SEOUL, April 7 (Korea Bizwire) — South Korea’s game industry is bracing for the release of Nintendo’s long-anticipated Switch 2, slated for launch in June, marking the company’s first new console in eight years since the original Switch revolutionized hybrid gaming. With over 150 million units sold globally, the next-generation console is expected to spark renewed [...]
SEOUL, April 2 (Korea Bizwire) — South Korea’s gaming industry is ramping up its expansion into Southeast Asia, forging strategic partnerships and establishing local ventures to tap into one of the world’s fastest-growing digital entertainment markets. Leading game developers such as NCSoft and Nexon are at the forefront of this push, forming joint ventures and subsidiaries [...]
SEOUL, March 28 (Korea Bizwire) — Krafton Inc., the South Korean game developer of global hit titles such as PUBG: Battlegrounds, on Friday released the early access version of its new life simulation game inZOI on the global PC gaming platform Steam. Developed by Krafton’s inZOI Studio, the game has drawn growing interest from global [...]
SEOUL, March 25 (Korea Bizwire) — Nexon is preparing to make a bold push into Western markets with First Berserker: Khazan, a hardcore action RPG for PC and consoles developed by its subsidiary Neople. The game, slated for release on March 28, is a key pillar in Nexon’s strategy to extend the beloved Dungeon & [...]
SEOUL, March 24 (Korea Bizwire) — Samsung Electronics announced on Monday the launch of its 2025 lineup of premium gaming and high-resolution monitors, aiming to strengthen its presence in the competitive high-end display market. The new offerings include the Odyssey 3D, the company’s first glasses-free 3D gaming monitor; the Odyssey OLED G8, a 27-inch monitor supporting [...]
SEOUL, March 13 (Korea Bizwire) — South Korean gaming giant NCSOFT Corp. said Thursday it plans to launch Blade & Soul 2, the company’s popular multiplayer online role-playing game (MMORPG), in China next month. The company said it has partnered with China’s Tencent, the local publisher, and conducted multiple pre-launch tests to optimize the game [...]
SEOUL, March 5 (Korea Bizwire) — Microsoft and Epic Games have withdrawn from the Korea Game Industry Association, marking a significant shift in their engagement with the South Korean gaming market. Both companies, which operate major gaming platforms Xbox and Epic Games Store, respectively, have been removed from the association’s membership roster, industry officials confirmed today. [...]