SEOUL, Feb. 19 (Korea Bizwire) — South Korea’s No. 1 mobile carrier SK Telecom Co. said Tuesday it will launch a virtual reality (VR) racing game for 5G smartphones in the first half of this year. SK Telecom said it has signed a licensing agreement with the nation’s leading game developer, Nexon Co., to use [...]
SEOUL, Jan. 11 (Korea Bizwire) — The value of South Korea’s e-sports industry increased 4.2 percent on-year to 97.3 billion won (US$87 million) in 2017, a government report said Friday. The market size of the nation’s e-sports, which refers to competitive video gaming, has steadily expanded in recent years, increasing from 60.27 billion won in [...]
SEOUL, Nov. 9 (Korea Bizwire) – The 2016 white paper on the videogame industry from the Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency revealed that Korea’s videogame industry continues to grow, exceeding the 10-trillion-won mark for the first time in 2015 at 10.72 trillion won ($9.5 billion). The number, according [...]
SEOUL, Sept. 9 (Korea Bizwire) – A recent report by the Korea Creative Content Agency (KOCCA) revealed that the volume of Chinese capital invested in the Korean videogame industry – apart from back-door listings and securing intellectual property purposes – has plummeted to almost zero, after years of aggressive M&A efforts that shook up Korean [...]
SEOUL, Feb. 19 (Korea Bizwire) – The South Korean government is set to bolster the game industry, which it sees having great potential to become the next growth engine, as economic growth remains sluggish. On Friday, the Ministry of Culture, Sports and Tourism and the Ministry of Science, ICT and Future Planning announced a set [...]
SEOUL, Aug. 25 (Korea Bizwire) – A recent study has shown that 9 out of 10 smartphone users aged between 20 to 40 enjoy mobile games. According to NBT, the company managing the mobile lock screen application Cash Slide, among 1,202 smartphone users aged between 20 to 40, 93.8 percent answered that they currently play [...]
SEOUL, Sep. 3 (Korea Bizwire) – NEOWIZ GAMES held a media showcase on September 2, preceding the first non-public exhibition test for ‘Asker,’ a blockbuster online action role-playing game (RPG) that NEOWIZ CRS, a subsidiary of Neowiz Games, is currently developing. For the first half of the year 2014, Neowiz Games has launched the online games [...]
SAN FRANCISCO & LONDON, Mar 31, 2014 (Korea Bizwire) - SEGA® of America, Inc., SEGA® Europe, Ltd. and Twentieth Century Fox Consumer Products today announced that Alien: Isolation™, the hugely anticipated survival horror title, will be available from October 7, 2014. Developed by Creative Assembly™, the game will be available on Xbox One, the all-in-one [...]
SEOUL, Korea, Feb. 24 (Korea Bizwire) – Actoz Soft, in conjunction with PlayPieGames, app developers based in Seoul, South Korea, are excited to announce the release of a new shooting game for iPhone and iPad called In a Space. The game is designated to be released on February 17th and will be available for the [...]
Tapastic Closes $2.0 Million in Series A Funding to Bolster American Webcomics Market — First American English-Language Launch of “Like A Wolf,” One of the Most Popular Webcomics in South Korea SANTA CLARA, CA, Jan 28, 2014 (Korea Bizwire) – Tapastic, the online portal for webcomics is bolstering its American webcomics market by today, announcing [...]