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Biz & Tech

Game

Wed, July 28, 2021 | 12:18

Krafton seeks M&A deals using IPO funds

Krafton, best known for the popular shooting game “PlayerUnknown's Battlegrounds,” (PUBG) will actively seek out opportunities for mergers and acquisitions, taking advantage of funds to be raised by its initial public offering (IPO) scheduled for early next month.

Baek Byung-yeul | 2021-07-26 15:48

Ex-Disney executive to join Nexon as senior vice president

Nick van Dyk, a former executive at Walt Disney Company Activision Blizzard Studios, has been named as the executive vice president and chief strategy officer (CSO) of Korean game developer Nexon.

Baek Byung-yeul | 2021-07-19 08:19

Will Kakao Games acquire Lion Hearts?

There is growing speculation that Kakao Games will seek to acquire a major stake in Lion Hearts that recently launched the hit multiplayer online role-playing game (MMORPG) “ODIN: Valhalla Rising.” Kakao Games has already acquired 21.58 percent of Lion Heart’s shares, becoming the second largest shareholder behind CEO Kim Jae-young. Kakao paid 19 billion won ($16.6 million) f...

Kim Hyun-bin | 2021-07-16 16:49

Game developers suffer setback amid telecommuting

Attention is growing over whether major Korean game developers will see further inconveniences from telecommuting amid a fourth wave of mass COVID-19 infections here. Game companies have enforced the strictest level of their work-from-home policies for the next two weeks, having all employees work from home with the exception of a minimum number of staffers needed for essenti...

Kim Bo-eun | 2021-07-12 16:25

Gov't to discuss easing gaming curbs on children

A debate is being reignited over Korea's so-called shutdown law that blocks children under the age of 16 from playing online games after midnight, after a version of “Minecraft,” one of the world's bestselling games, effectively became unavailable for children here due to the controversial act. The Ministry of Gender Equality and Family, which led the enforcement of the law, ...

Jun Ji-hye | 2021-07-08 08:48

KOCCA starts recruiting for gaming industry training program

The Korea Creative Content Agency (KOCCA) is recruiting people talented in game development for entry to its 2021 training program, which helps people find jobs in the video game industry.

Lee Gyu-lee | 2021-07-06 21:55

SK Telecom to showcase 4 video games at E3 2021

SK Telecom, South Korea's top wireless carrier, said Friday it will unveil four video games at the gaming conference E3 2021 that kicks off Saturday in a move to expand its presence in the console gaming market.

2021-06-11 15:29

KOCCA to scout gaming companies to lead Korean game industry

The state-run Korea Creative Content Agency (KOCCA), which was established to promote Korean cultural products overseas, is holding a contest to scout for outstanding game developers who will “lead the future of the Korean game industry.”

Lee Gyu-lee | 2021-05-25 15:24

Chinese gov't introduces Sinocentric game licensing regulations

The Chinese government has introduced a new licensing system for both domestic and international games companies that is likely to create further difficulty for Korean firms as it forces new games to include communist ideology and contribute to promoting Chinese culture.

Kim Jae-heun | 2021-05-04 08:20

LG Uplus to supply 5G content to Thailand's top telco

LG Uplus Corp., a major South Korean telecom operator, said Sunday it signed a deal to export US$11.14 million worth of 5G solutions and content to Thailand's top mobile carrier, Advanced Info Service (AIS). Under the deal, LG Uplus will provide AIS with augmented reality (AR) and virtual reality (VR) 5G content and also oversee the rollout of the service from its testing to ...

2021-03-28 11:12

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