SEOUL, June 26 (Korea Bizwire) –The ITS (International Trade Show for) Game 2014, Korea’s only game-related B2B event, hosted by the Ministry of Culture, Sports, and Tourism and organized by the Korea Creative Content Agency, has generated $72.21-million export deals, the largest ever in its history.
The ITS Game 2014 export consultation meetings ran for two days from June 19 to 20 at W Hotel Seoul Walkerhill. As many as 305 domestic and foreign companies participated in the event where they were engaged in 1,687 export consultations. Through these deals, they signed $72.21 million export contracts, up about 3 percent from $70 million a year ago.
A domestic mobile game company IST 854, for example, signed a $500,000 deal with China’s game publishing company Netmego for its mobile-based real-time card battle game “Card AR Battle.”
Another domestic mobile game company BiCORE Mobile Games & Entertainment signed a license contract with Taiwan’s Jaguar Entertainment Technology for its action party RPG game My Monster Party.
Hong Sang-pyo, president of the Korea Creative Content Agency, the biggest benefit we garnered in this year’s event was Korean game makers found a foothold to move into the Southeast Asian and Indian markets where scores of game companies across the world are competing hard to take shares.
In the future we will give full support to Korean game makers to go to major international exhibitions such as ChinaJoy and Gamescom in Germany.”
Written by Sean Chung (email@example.com)