Tag: Industry

Netmarble – Overtime and weekend work banned starting this week

Despite a glowing recent financial report where its operating profit increased by 81% year-on-year, Korean developer Netmarble had another major issue on its hands....

NCsoft – Latest details for Lineage Eternal and new titles emerge

Every quarter, publicly traded companies such as Nexon and NCsoft have a financial call to update investors and shareholders of the latest numbers and...

SEGA – South Korea expansion halted amidst mass retrenchment

Back in 2015, Japanese game company SEGA signaled its intention to expand its offerings in South Korea by signing a publishing deal for Soulworker. However, SEGA...

Bluehole Studio – Korean developer receives new multi-million investment

Earlier today, it was announced Bluehole Studio (developer of TERA) has received a new investment from Neptune Company, a lesser-known South Korean mobile games...

Farm Heroes Saga – King loses IP infringement lawsuit in South...

Back in 2015, King (developer of Candy Crush) brought Korean studio Avocado Entertainment to court of IP infringement of its game, Farm Heroes Saga....

Smilegate – Founder of once-failing studio is now Korea’s 4th richest...

According to Forbes, the founder of developer Smilegate, Kwon Hyuk-Bin, is now South Korea's 4th richest man. Kwon Hyuk-Bin currently owns 100% shares of...

King Digital – Candy Crush developer sold to Activision for USD$5.9...

Activision Blizzard (parent company of Blizzard Entertainment) has agreed to buy King Digital Entertainment for USD$5.9 billion, merging major titles Call of Duty and World of...