SEOUL, Jan. 3 (Korea Bizwire) — The founder of South Korea’s major online game publisher Nexon Co. is poised to sell a controlling stake in the firm’s holding company, industry observers said Thursday. Kim Jung-ju is offering a combined 98.64 percent stake worth 6 trillion won (US$5.32 billion) in Nexon’s holding firm NXC Corp. and [...]
SEOUL, Sept. 3 (Korea Bizwire) — Online gaming giant Nexon Korea Co. launched a labor union on Monday, a first for a game service provider in South Korea. “The establishment of the Nexon union will act as a tow truck to improve labor conditions in the gaming industry as a whole,” the union said in [...]
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, 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. 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. 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, Dec. 8 (Korea Bizwire) — South Korea’s three major game developers are expanding their workforces in artificial intelligence (AI) as they consider the technology as the future of the industry, company officials said Friday. The nation’s longtime online game giant Nexon Korea Co. said that it will expand a department dealing with core technologies [...]
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, July 25 (Korea Bizwire) – It has been 70 days since the Gangnam Station murder, which sparked the ongoing controversy over gender crimes in South Korea. The recent issue of a voice actress from the online game “Closer” being fired for wearing a ‘feminist’ t-shirt has started another fiery battle of the sexes on social [...]
SEOUL, July 20 (Korea Bizwire) – Kim Ja-yeon, a voice actress featured in the online game ‘Closers’ – created by Naddic Games and distributed by Nexon – was fired on July 19 for wearing a t-shirt that allegedly supports Megalia, a community well-known for its anti-misogyny views. On July 18, Kim posted a picture of herself [...]