SEOUL, Aug. 10 (Korea Bizwire) — Nexon Co. dominates the South Korean gaming market in the second quarter, surpassing other major developers such as Netmarble Corp. and NCSOFT Corp. According to the financial reports of major listed game developers for the second quarter, Nexon was the sole company to exceed its operating profit from the [...]
SEOUL, Apr. 3 (Korea Bizwire) — Augmented reality (AR) and virtual reality (VR) technologies are sparking new trends in South Korea’s gaming market, industry watchers said Tuesday, with local developers utilizing them in new titles. Netmarble Games plan to unveil “Fishing Strike” this month, which is a mobile-based title that provides users with an immersive [...]
SEOUL, August 1 (Korea Bizwire) – Use of the intellectual property (IP) of webtoons (online comics) in the gaming industry is becoming increasingly popular. Because the main characters in webtoon series are already familiar to young gamers who often read comics, use of existing characters offers cost-saving benefits when it comes to marketing. Naver and Daum, the [...]
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, Korea, Oct 23 (Korea Bizwire) – Korea’s game market is estimated at 9.75 trillion won in 2012, up 10.8 percent from the previous year’s 8.80 trillion won. By this year’s end the market is projected to have surpassed the 10-trillion-won level and up to 12 trillion won by 2015. The Ministry of Culture, Sports, [...]