Nexon today announced that it will reorganize its salary system significantly to “strengthen global competitiveness through the company’s continuous growth strategy and securing outstanding talent.” Starting this year, the annual salary of new employees will be increased to 50 million…
NCSOFT – Korean developer is stopping employees who worked excessive hours from entering
According to new reports from South Korea, developer NCSOFT has taken the drastic measure of blocking employees who worked too many hours from entering the office. This is known as the “Gate Off” protocol, and the maximum time an employee…
Overprime – Netmarble acquires team working on improved version of MOBA Paragon
It was announced today that global gaming giant Netmarble has acquired Team Soul Eve, the small group of indie developers which had been working on OverPrime. If you did not know, OverPrime is an effort to continue the legacy of…
Nexon – Gaming giant donates Korean Game Awards prize money to hospital building funds
A couple of months back, the mobile MMORPG, V4 (Victory For), won the annual Korean Game Awards. Developed by NAT Games (a subsidiary of Nexon), it was announced recently that the prize money will be donated to Seoul National University…
SNK – Partnership with Netmarble extended for The King of Fighters IP
SNK and Netmarble announced earlier today that both parties have agreed to extend the working partnership over the “The King of Fighters” IP, although no length of the new contract was announced. This extension happened due to the global popularity…
Smilegate – Korean developer rewards all employees for achieving 1 trillion Korean Won in sales
According to foreign reports, Smilegate recorded 1 trillion Korean Won (around 920 million US Dollars) in sales for the year of 2020, aided by its expanding PC and mobile games market worldwide. The 3 key games are CrossFire, Lost Ark,…
Tencent – Chinese gaming giant completes takeover of Warframe developer and more
Over the year, there have been many reports about China gaming giant Tencent taking over Hong Kong-based games company Leyou Technologies, and it became official earlier today (24 Dec) at 9:00 AM HKT. Many might not know of Leyou which…
Joycity – Korean games company receives USD 40 million investment from US publisher
South Korea-based mobile games developer and publisher Joycity announced recently that is has acquired a massive USD 40 million investment from global games publisher Tilting Point. If you did not know, Tilting Point is one of the biggest games publishers…
Smilegate Megaport – Epic Seven publisher signs new cartoon-rendered mobile game
Smilegate Megaport, the publisher of the hit mobile game Epic Seven, recently announced it has signed a publishing contract (no regions announced) for a new game titled Outer Plane (tentative title). Developer VA Games was founded in 2019 by members…
Floppy Games – Developer obtains 10 billion Korean Won investment to work on new MMORPG
Korean developer Floppy Games recently announced it has acquired an investment of 10 billion Korean Won (around 9 million USD), although did not specify which investors were involved. Founded in 2014 by employees from Eyedentity Games who worked on Dragon…
KRAFTON – Massive Korean games corporation consolidates subsidiary studios
If you did not already know, KRAFTON is the parent company of studios which made TERA and PUBG (PlayerUnknown’s Battlegrounds). Over the course of several years, KRAFTON has bought over several other studios, which made the list seems bloated with…
NPIXEL – Gran Saga developer obtains new investment and reveals new game
NPIXEL, the new Korean studio which is preparing for the domestic launch of Gran Saga, today announced it has secured an investment of 30 billion Korean Won (around USD 27 million) led by Hong Kong-based Aspex Management. Current investors which…
Korea Game Awards – Winners announced for prestigious annual awards
Just before the official start of G-Star every year in South Korea, an awards night is bound to happen to celebrate the year’s best games. While this year’s nominees list was seemed by many as “weak”, nevertheless a game has…
Gravity – Korean developer gives update on Ragnarok IP for the near future
With Korean developer Gravity missing from G-Star 2020, many readers have reached out to find out more about the future of the Ragnarok IP. While we do not have the full outlook, we did find out more about Gravity’s plans…