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SEOUL, March 5 (Korea Bizwire) — Microsoft and Epic Games have withdrawn from the Korea Game Industry Association, marking a significant shift in their engagement with the South Korean gaming market.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. [...]
SEOUL, Feb. 18 (Korea Bizwire) — A South Korean court has ordered Iron Mace, a startup game developer, to pay 8.5 billion won to gaming giant Nexon in a trade secrets case that hinged on whether game design concepts and rules developed at a company constitute protected business secrets. The Seoul Central District Court ruled on [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea’s gaming industry saw a stark divide in financial performance for 2024, with companies’ fortunes hinging on the success of their overseas ventures. While Nexon and Krafton cemented their dominance, NCSoft faced restructuring, and Netmarble showed signs of recovery after years of losses. According to year-end earnings reports released [...]
SEOUL, Feb. 13 (Korea Bizwire) — A South Korean court has ruled that Ironmace, the developer of the online game Dark and Darker, must compensate Nexon for damages related to data misappropriation but did not violate copyright laws. On February 13, the Seoul Central District Court’s Civil Agreement Division 63, presided over by Judge Park Chan-seok, [...]