SEOUL, Apr. 12 (Korea Bizwire) — The big three local game companies are expected to show different performance records for the first quarter this year, with Nexon Korea Co. likely to set a new record in sales and operating profits, industry watchers said Thursday. Nexon was estimated to have tallied around 800 billion won (US$748.01 [...]
SEOUL, Apr. 5 (Korea Bizwire) — South Korean retail giant Lotte said Thursday it will open an outlet dedicated to game products in Seoul this week amid a rapid growth of the country’s game industry. Lotte Shopping Co. said it has remodeled el Cube in Hongdae, western Seoul, into a shop exclusively for games and [...]
SEOUL, Apr. 5 (Korea Bizwire) — Netmarble Games, South Korea’s top mobile game developer, has made a major investment in the country’s entertainment agency behind K-pop sensation BTS, corporate sources said Thursday. In a regulatory filing issued Wednesday, Netmarble Games said it will acquire a 25.71 percent stake in Big Hit Entertainment for 201.43 billion [...]
SEOUL, March 8 (Korea Bizwire) — In an industry where the average age falls somewhere around 33, and 30 percent are women, leading gaming companies are taking strides to foster a more family friendly workplace. Those in the industry point out that Nexon has since last year been carrying out a “Happy Mom” in-house policy, [...]
SEOUL, Jan. 17 (Korea Bizwire) – K-pop idol, Marvel Superhero, why not both? Billboard reported January 16 that the marriage of K-pop and superhero embodied in character Luna Snow will be made available via the action role-playing game “Marvel Future Fight” come January 24. K-pop superstar by day and crime-fighting hero by night, Snow, whose [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korean game makers Nexon and Netmarble posted record-breaking annual sales figure of over 2 trillion won last year, confirming the steady growth of the country’s video game industry. According to sources close to the stock market on Sunday, the sales figures of the two leading South Korean game companies [...]
SEOUL, Jan. 11 (Korea Bizwire) — Netmarble Games said Thursday it will launch a foundation this month to contribute to society. Netmarble will be the third online game developer in South Korea to establish a foundation to support social welfare efforts after NCsoft Corp. and Smile Gate. “We’ve decided to launch a foundation to enhance [...]
SEOUL, Jan. 2 (Korea Bizwire) — NCsoft, one of South Korea’s top game developers, is set to introduce a flexible working hours policy that has industry watchers hopeful a positive change is coming to the infamous working conditions — described as “murderous” — in the gaming industry. The company revealed on the first day of [...]
SEOUL, Nov. 15 (Korea Bizwire) – Organized by KOTRA, the annually held “G-Star” gaming extravaganza in Busan will open on November 16. This year’s four-day event is expected to be the busiest yet, with 2,758 requests submitted for booths as of last September. Since it was founded in 2005, this year marks the first time [...]
SEOUL, Nov. 6 (Korea Bizwire) — Netmarble Games, South Korea’s top mobile game developer, said Monday it has enlisted the help of American TV show host Conan O’Brien to market its mega-hit title, “Lineage 2: Revolution,” in 54 countries next month. The O’Brien appearance in an advertisement is part of the company’s aggressive marketing effort [...]