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Game Companies Report Disappointing Results in 2Q…What’s Going on?

Game Companies Report Disappointing Results in 2Q…What’s Going on?

SEOUL, Aug. 11 (Korea Bizwire) — Korea’s online game companies posted disappointing results for the second quarter. NHN Entertainment (formerly Hangame) said on August 7 it recorded an operating loss of 7.3 billion won(US$7.08 million) for the quarter. This is the first quarterly loss for the company since its founding as a gaming division of Naver in [...]

NTREEV SOFT’s Sci-Fi Strategy Game ‘Second Earth’ Now Available For Mobile Devices Worldwide

NTREEV SOFT’s Sci-Fi Strategy Game ‘Second Earth’ Now Available For Mobile Devices Worldwide

SEOUL, Korea, May 27 (Korea Bizwire) — NTREEV SOFT announced the global launch of its combat strategy game Second Earth. Simultaneously released in more than 130 countries around the world, Second Earth is available for free on iOS and Android devices. Second Earth is a sci-fi strategy game in which players have to grow and [...]

Game Giants Are Eyeing Non-game Businesses Seeking Synergies

Game Giants Are Eyeing Non-game Businesses Seeking Synergies

SEOUL, May 18 (Korea Bizwire) –  NCSoft is determined to recruit investment specialists. The company’s investment target is a non-game industry which can have a synergy with the game industry. Nexon and NHN Entertainments are also vying to make investments in non-game industries. Such moves by Korea’s most respectable game companies are interpreted as attempts to [...]

Market for Mobile Data Analytics Grows Fast on the Back of Thriving Game Industry

Market for Mobile Data Analytics Grows Fast on the Back of Thriving Game Industry

SEOUL, May 18 (Korea Bizwire) – “Most game makers that succeeded in the world market analyze data on each national market’s users and their live time value constantly. Domestic game publishers and developers must do the same to raise their winning possibilities in the global market.” This is what Lee Chang-soo, president of 5Rocks, Korea’s mobile [...]