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Tue, July 7, 2020 | 23:45
[Reporter's notebook] Gov't needs to offer 'practical help' to game companies
[Reporter's notebook] Gov't needs to offer 'practical help' to game companies
With contactless services being deemed as a lucrative area in the post-COVID-19 world, the government has been in a hurry to announce various support plans to boost the local game industry. The Ministry of SMEs and Startups announced Tuesday that it would create a support fund in conjunction with companies such as Netmarble and Krafton to help nurture game startups.
Baek Byung-yeul | 2020-07-06 17:25
Neople to support local community
Neople to support local community
Neople, subsidiary of video game publisher Nexon and developer of the popular online game “Dungeon & Fighter,” is taking the lead in co-prosperity with the local community by fostering future talent and looking after the underprivileged. Neople moved its headquarters to Nohyeong-dong in Jeju City in 2015 and a year later it began operating a training course for 2D graphics as...
Kim Jae-heun | 2020-06-25 20:24
Nexon's market cap tops 20 trillion won on soaring demand amid pandemic
Nexon's market cap tops 20 trillion won on soaring demand amid pandemic
Nexon Co. became the first South Korean game developer to log a market capitalization of more than 20 trillion won (US$16 billion), data showed Sunday, on the back of soaring demand for home entertainment contents during the virus pandemic. The gaming giant saw its market value reach 1.9 trillion yen (21 trillion won) on the Tokyo Stock Exchange as of Friday, with its shares ...
2020-05-17 14:59
Nexon, Netmarble play endless waiting game with China
Nexon, Netmarble play endless waiting game with China
Local game companies are playing an endless waiting game with China as they have been banned from obtaining operating permits in the mainland for three years in retaliation to the deployment of the U.S. Terminal High Altitude Area Defense (THAAD) system in Korea in March 2017.
Kim Hyun-bin | 2020-03-18 15:10
Nexon steps up opposition to revise game law
Nexon steps up opposition to revise game law
The game industry here is opposing the government's move to revise current game laws for the first time in 14 years, as some clauses in the newly proposed laws may cause a dip in competitiveness against overseas companies.
Baek Byung-yeul | 2020-02-23 17:52
Reduced royalties income hits NCSOFT
Reduced royalties income hits NCSOFT
A cut in royalties income dragged down the annual profit of South Korea's top-tier video game developer NCSOFT.
Baek Byung-yeul | 2020-02-12 17:53
Nintendo CEO says no plans to launch new Switch model in 2020
Nintendo CEO says no plans to launch new Switch model in 2020
Nintendo Co Ltd CEO Shuntaro Furukawa said the gaming company has no plans to launch a new Switch model this year. Nintendo launched a handheld-only version of its hit console in September, driving demand for the hit device through the year-end shopping season.
2020-01-31 11:03
Nexon to release urban fantasy RPG 'Counterside' Feb. 4
Nexon to release urban fantasy RPG 'Counterside' Feb. 4
Nexon, the country's leading game company is set to release its first mobile game of the year, 'Counterside,' Feb. 4.
Kim Hyun-bin | 2020-01-14 16:27
Game firms seeking breakthrough with new games this year
Game firms seeking breakthrough with new games this year
Game companies here are striving to develop and release potential blockbuster game titles this year in a bid to find a breakthrough in the stagnant game industry and boost their bottom line, company officials said Sunday.
Jun Ji-hye | 2020-01-05 17:08
Chinese games hit ground running in Korea
Chinese games hit ground running in Korea
Chinese game firms are estimated to have generated sales of $1.65 billion in Korea this year, while Korean counterparts struggle with declining sales as they have been blocked from exporting new games to the mainland since 2017, according to data Tuesday.
Baek Byung-yeul | 2019-12-31 16:34
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