SEOUL, Mar. 14 (Korea Bizwire) – In recent years, the gaming industry in South Korea has seen a surge in competition from foreign companies, particularly from China. This trend has been gaining momentum as Chinese firms have expanded their capabilities and competitive edge, largely due to the restrictions on Korean companies entering the Chinese market imposed [...]
SEOUL, Sept. 22 (Korea Bizwire) – More than 50 percent of South Korean app and game developers featured on Google Play are generating revenue from international markets. Google Korea hosted its Google for Korea 2023 event on Thursday at the Shilla Hotel in Seoul to showcase these accomplishments and share examples of Korean content successfully expanding [...]
SEOUL, Sept. 4 (Korea Bizwire) — Netmarble Corp. continues its “select and focus” program, actively discontinuing unprofitable existing game services. The South Korean game developer and publisher officially announced through its online cafe on Thursday that it will pull the plug on its mobile game ‘Monster Taming’ on Nov. 30, initiating the process of blocking [...]
SEOUL, Aug. 16 (Korea Bizwire) — Korean-made mobile games are facing challenges in the Chinese market following a recent attempt to expand. Smilegate Holdings Inc.’s “Epic Seven,” which entered the Chinese market last June, held the 67th position on the Apple Store’s sales chart in the second week of August, according to mobile app market [...]
SEOUL, June 26 (Korea Bizwire) — South Korea’s gaming industry is accelerating its entry into the Chinese market, following the Chinese government’s grant of a series of game service licenses to Korean-made games since late last year. China has been reluctant to approve South Korean video games, seemingly as an economic retaliation against Seoul due [...]
SEOUL, June 22 (Korea Bizwire) — Steadily selling video games that were released years ago are now enjoying much stronger performance than new games, considering the number of users and revenues. “MapleStory,” the popular massively multiplayer online role-playing game (MMORPG) developed by Nexon Co., celebrated its 20th anniversary this year. According to the industry tracker [...]
SEOUL, April 28 (Korea Bizwire) — Games inspired by the aesthetics of Japanese anime are no longer just popular among subculture fandom, but are also gaining popularity among mainstream gamers. All 7,000 tickets for the 1.5-anniversary festival of the collectible role-playing game “Blue Archive,” taking place in Goyang, Gyeonggi Province next month, sold out in [...]
SEOUL, Sept. 9 (Korea Bizwire) — An increasing number of games are introducing Korean backdrops, instead of the more common western or Japanese settings. Last month, South Korean game developer Pearl Abyss introduced a new game “DokeV” at the German game exhibition “Gamescom 2021.” The game’s teaser, which has already surpassed 7 million views on [...]
SEOUL, Sept. 6 (Korea Bizwire) — In the midst of the increase in the number gamers resulting from the COVID-19 pandemic, the number of parents who play video games with their children has been on an upward trend for five straight years. According to a survey conducted by the Korea Creative Content Agency of 3,000 [...]
SEOUL, Sept. 6 (Korea Bizwire) — A handful of South Korea’s popular game developers have launched cloud services, raising expectations that the cloud gaming market, which has struggled to attract attention, is likely to grow significantly in the near future. Nvidia Corp.’s GeForce NOW game streaming service, which is operated by major telecom operator LG [...]