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Games & Commerce

Q1 breaks seasonal slowdown but polarisation widens in South Korea game industry

Major South Korean game companies posted sharply diverging first-quarter results despite the sector’s traditional seasonal slowdown. Larger firms with globally successful intellectual property reported record quarterly sales and profit, while companies facing gaps in new releases or weak early demand remained in the red or saw profitability deteriorate. Nexon, Krafton, NCSoft and Pearl Abyss posted strong gains. Kakao Games and Devsisters reported operating losses, and Webzen saw declines.

Games & Commerce

Red Desert, Aion 2 lift Korean game makers\' first-quarter outlook

Major South Korean game companies are flagging unusual first-quarter earnings improvements, a period typically considered an off-season. Pearl Abyss and NCSOFT are expected to post sharply stronger results from early momentum in new titles Red Desert and Aion 2, respectively. Krafton and Netmarble are seen benefiting from steady performance of existing intellectual property, while Nexon projects double-digit top-line growth based on company guidance.

Games & Commerce

NCSoft to launch \'Aion 2\' globally in second half, offer PC platform service

NCSoft said on Tuesday it has set the global release schedule for its MMORPG \'Aion 2\' for the second half of this year. The global version is being developed as a PC-only platform service available via Steam and Purple, and users can add it to their Steam wishlist from Tuesday. The company plans to build and operate servers for North America, South America, Europe and Japan and support 10 languages.