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, [...]
SEOUL, Feb. 2 (Korea Bizwire) — Japanese-style mahjong, known as Riichi mahjong, is experiencing a surge in popularity among South Korean millennials and Gen Z, both online and offline. Once overshadowed by traditional Korean card games, Riichi mahjong is now drawing significant interest, fueled by online gaming platforms, manga culture, and social gaming trends. Online Riichi [...]
SEOUL, Jan. 30 (Korea Bizwire) — Generative AI is becoming a crucial growth engine in the gaming industry, significantly reducing development time for major game companies, according to a new industry analysis. The KDB Future Strategy Research Institute’s Industrial Technology Research Center reported on January 29 that gaming companies are actively implementing AI-based development tools and leveraging [...]
SEOUL, Jan. 24 (Korea Bizwire) — Hyundai Motor Co. said Friday it has partnered with Nexon Co. for a special collaboration event in the popular mobile racing game KartRider Rush+. As part of the event, players can experience virtual versions of Hyundai’s latest electric vehicles (EVs), such as the Ioniq 9, the company’s first large [...]
SEOUL, Jan. 20 (Korea Bizwire) — Samsung Electronics has announced a strategic partnership with Nexon Korea and its subsidiary Neople to develop cutting-edge 3D gaming technology that doesn’t require special glasses, the company said on January 19. The collaboration centers on optimizing Nexon’s upcoming game “First Berserker: Khazan” for Samsung’s Odyssey 3D gaming monitor. The partnership [...]
SEOUL, Jan. 17 (Korea Bizwire) — South Korean gamemaker Krafton Inc. said Friday it will soft launch its new role-playing game title, Dark and Darker Mobile, in Canada next month ahead of the official global launch. The preview release of the game will take place Feb. 4 (local time) in Canada to gather data on [...]
SEOUL, Jan. 15 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has signed a strategic partnership with Microsoft Corp. to strengthen the content of the gaming platform of its smart TVs. Under the partnership, additional Xbox games from Microsoft, including the Harry Potter game “Hogwarts Legacy,” will be available for subscribers of Xbox Game [...]
SEOUL, Jan. 6 (Korea Bizwire) — While fewer South Korean game developers are experiencing “crunch” periods—intense stretches of overtime before major releases or updates—the maximum weekly working hours during these periods have risen, according to a new report by the Korea Creative Content Agency. The 2024 Game Industry Labor Environment Survey, published on January 3, revealed [...]