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, 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, June 9 (Korea Bizwire) — South Korean gaming industry is gradually reaping the benefits of investing in generative artificial intelligence (AI) research, following the emergence of ChatGPT. NCSOFT Corp. has been expanding its investment to incorporate AI into game production and overall services, extending beyond its previous limited applications in game chat translation and [...]
SEOUL, April 17 (Korea Bizwire) — Intellectual property (IP)-related goods that fans can purchase and own are becoming an increasingly important marketing strategy in the South Korean gaming industry. Gaming giant Nexon Co. conducted a strategic investment in local merchandise manufacturer Marppel Corp. to open an official merchandise shopping mall this year. Nexon will utilize [...]
SEOUL, Jan. 5 (Korea Bizwire) — About six out of 10 South Korean parents enjoy playing video games with their children, a survey showed Wednesday. According to the survey conducted last year by the Korea Creative Content Agency, 59.3 percent of the 1,028 respondents with school-age children said they play video games with their children [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. said Thursday it will introduce the nation’s first game-themed gas station. Hyundai Oilbank, gaming giant Nexon Co. and local fashion brand Peaches collaborated on opening a PARTS Oilbank gas station in Hannam-dong, Seoul using the intellectual property from Nexon’s hit online game “KartRider.” [...]
SEOUL, Feb. 25 (Korea Bizwire) — Video games specially developed to treat attention deficit hyperactivity disorder (ADHD) are capable of increasing the blood flow that is lacking in certain parts of the brain, a study showed Thursday. A research team from Chung-Ang University Hospital created a game co-developed by public agencies and private companies and [...]
SEOUL, Dec. 10 (Korea Bizwire) — South Korean game developers are increasingly turning to Taiwan as a ‘forward base’ before hitting the global markets in China and Southeast Asia. Kakao Games, the game developing unit of South Korean mobile giant Kakao, decided to launch “Odin: Valhalla Rising,” the company’s newest mobile massively multiplayer online role-playing [...]
SEOUL, Dec. 3 (Korea Bizwire) — China’s media regulator has approved a South Korean video game for the first time in nearly four years in what could be a relaxation of economic retaliation. China’s National Press and Publication Administration issued a license for “Summoners War” on Wednesday, paving the way for Com2uS Corp. to officially [...]
SEOUL, June 1 (Korea Bizwire) — Lineage 2M, a mobile massively multiplayer online role-playing game (MMORPG) by South Korean online game maker NCSOFT Corp., was the highest grossing app on the Google Play Store during the first quarter of the year, industry data showed Monday. The mobile version of the mega-hit game “Lineage 2″ was [...]