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Games & Commerce

Retail shareholders unite amid weak game stocks, press for meetings and treasury share cancellations

Retail shareholders in South Korea\'s game industry are stepping up collective action as weak share prices persist and calls to boost shareholder value grow. Investors in Pearl Abyss, Devsisters and Wemade have demanded shareholder meetings, buybacks and cancellations of treasury shares, limits on executive pay and disclosure on new game development. Some companies have responded with shareholder return plans, meetings and cost-cutting steps, while broader pressure on the sector is spreading.

Games & Commerce

Webtoons look for breakthrough in short-form as growth slows and battle for attention intensifies

Major South Korean webtoon platforms are moving into short-form content as growth slows and competition for users’ time intensifies. Kakao Piccoma is adding a short-form animation category on Japan’s Piccoma, while Naver Webtoon, Ridi and Lezhin Entertainment are building their own approaches. The strategy aims to repackage webtoon and comic intellectual property into short videos to broaden touchpoints and drive paid conversion, with monetisation and revenue sharing emerging as key challenges.

Industry

Intel steps up foundry push; Tan says it can compete with TSMC

Intel said it is starting to show visible results in its foundry business for external customers. CEO Lip-Bu Tan said customer interest is rising and he expects agreements with multiple customers in the second half of this year. He said Intel’s manufacturing competitiveness is improving, pointing to progress in its 18A process and yield gains. Intel is also discussing its 14A process as a longer-term basis to compete with TSMC.