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Industry
U.S. Senate pushes curbs on carmakers with 15 percent or more Chinese ownership; Benz exempted
The U.S. Senate is pushing legislation to restrict access to the U.S. market for automakers with 15 percent or more Chinese ownership, while seeking ways to exempt Benz. A bill approved by the Senate Commerce Committee would ban vehicle sales by companies in which Chinese firms or investors hold more than 15 percent. Republican Senator Bernie Moreno said Benz would not be banned, though details and legislative steps remain.
Games & Commerce
Krafton PUBG: Battlegrounds pushes beyond battle royale toward platform
Krafton’s flagship game PUBG: Battlegrounds is expanding beyond battle royale as it seeks to become a content platform. The company posted record first-quarter quarterly revenue supported by upgraded collaborations and new mode experiments. PUBG IP franchise revenue rose 24 percent from a year earlier, topping 1 trillion won for the first time on a quarterly basis. A new PvE mode, XenoPoint, helped raise peak daily concurrent users without cannibalising existing battle royale traffic.
Games & Commerce
Krafton says quarterly results hit record high as PUBG IP sales top 1 trillion won
Krafton said it posted record quarterly revenue and operating profit on solid growth in its PUBG: Battlegrounds intellectual property. It said first-quarter sales rose 56.9 percent from a year earlier to 1.37 trillion won and operating profit rose 22.8 percent to 561.6 billion won. PUBG franchise revenue topped 1 trillion won for the first time. The company also outlined plans spanning new game IP, its Raon AI models and a joint venture for autonomous driving services.
