SEOUL, April 15, (Korea Bizwire) — South Korea’s antitrust regulator has penalized a domestic game developer for deceiving players about the odds of winning in-game items, marking a rare move to regulate deceptive practices in the booming online gaming sector. The Korea Fair Trade Commission (KFTC) announced on Monday that it has imposed a corrective [...]
SEOUL, April 9 (Korea Bizwire) — After a challenging year dominated by Chinese titles, South Korea’s game industry is showing signs of renewed momentum as a string of high-performing new releases finds success across both mobile and PC/console platforms. According to data from Mobile Index, Netmarble’s RF Online Next, a massively multiplayer online role-playing game [...]
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. 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, Dec. 17 (Korea Bizwire) – The percentage of South Koreans who play video games has dropped below 60% for the first time in a decade, marking a significant decline from its peak during the COVID-19 pandemic when nearly three-quarters of the population were gaming. According to a new survey released on December 16 by the [...]
SEOUL, Nov. 4 (Korea Bizwire) – Major gaming companies are intensifying their competition in the top-down perspective combat game market, with several high-profile titles scheduled for release around 2025, all emphasizing real-time player-versus-player combat and cross-platform gameplay. According to industry sources on November 2, Krafton will showcase its upcoming title “Project Arc” at G-STAR, Korea’s largest [...]
SEOUL, Jun. 25 (Korea Bizwire) – In a notable turn for South Korea’s videogame industry, long dominated by mobile and online multiplayer titles, domestic developers are finding surprising success in the global console market, potentially heralding a new era of diversification and growth. Shift Up, a rising star in the Korean gaming scene, recently disclosed in [...]
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 [...]