SEOUL, May 1 (Korea Bizwire) — South Korea will focus on fostering its console game sector over the next five years as part of efforts revive the country’s game industry, the culture ministry said Wednesday. Under the five-year plan to promote the game industry, the Ministry of Culture, Sports and Tourism will work to expand [...]
SEOUL, Apr. 22 (Korea Bizwire) – South Korea’s online gaming giant Nexon Co. said Monday it will release a mobile version of its smash-hit title, Dungeon & Fighter, in China next month. Dungeon & Fighter Mobile will hit the Chinese market on May 21 and be operated by local game publisher Tencent Games, according to [...]
SEJONG, Apr. 18 (Korea Bizwire) – The Fair Trade Commission of South Korea has launched an investigation into allegations that the online game “Night Crows” manipulated the probabilities of obtaining in-game items. According to industry sources, the commission dispatched investigators to the headquarters of WeMade, the game’s developer, in Seongnam, Gyeonggi Province, to secure data related [...]
SEOUL, Apr. 17 (Korea Bizwire) – As controversy swirled over the global circulation of an online slot machine game featuring the revered Korean naval commander Admiral Yi Sun-sin, the Korea Communications Standards Commission vowed to actively monitor and review such offerings to prevent their proliferation. The commission first requested that platform operators like YouTube enforce self-regulation [...]
SEOUL, Apr. 6 (Korea Bizwire) –With a new law mandating transparency on loot box odds in video games taking effect, multiple South Korean game companies have acknowledged errors in how they previously disclosed the probabilities of receiving rare in-game items, raising concerns among gamers about potential manipulation. In recent days, major publishers including Gravity for [...]
SEOUL, Mar. 11 (Korea Bizwire) –Nexon Korea has initiated legal action against the Fair Trade Commission (FTC), challenging the sanctions imposed by the regulator over its sale of random-chance items in the popular online game MapleStory. The FTC had previously issued a corrective order and imposed a fine of approximately 11.6 billion won ($9.7 million) [...]
SEOUL, Jan. 15 (Korea Bizwire) — Hyundai Motor Co. said Monday it has launched a mobility-themed game on popular global online platform Roblox to showcase the company’s future vision to young gamers. Titled “Hyundai Future Adventure,” the game consists of six jump-action challenges themed around future mobility. Players take their journey exploring a future-themed park [...]
SEOUL, Jan. 11 (Korea Bizwire) – South Korea’s Game Rating and Administration Committee (GRAC) is gearing up for the implementation of mandatory loot box probability disclosure requirements set to begin this March. However, concerns have been raised about the committee’s capacity to conduct thorough investigations due to its plan to fill the 24-member monitoring team with [...]
SEOUL, Nov. 19 (Korea Bizwire) – The Gocheok Sky Dome in Seoul, South Korea, brimmed with excitement from early afternoon on November 19th for the culmination of the League of Legends World Championship, the globe’s premier esports event. The 18,000-seat arena filled rapidly, while Gwanghwamun Square in Seoul mirrored the fervor. Despite the biting winds, [...]
SEOUL, Nov. 14 (Korea Bizwire) – At the upcoming G-STAR, Korea’s prime gaming exhibition, the industry will unveil new titles focused on delivering inherent fun and leveraging intellectual property (IP). These submissions and booth plans highlight a forecast: console platforms and subculture games, specifically the Japanese anime-style, are set to become pivotal in 2024′s gaming landscape. [...]