Search results for Chrono Odyssey
Games & Commerce
KakaoGames seeks turnaround with seven new titles, expands beyond mobile to PC and consoles
KakaoGames plans to pursue a turnaround with a two-track strategy of rolling out 7 new games from this year through next year while continuing to operate its existing live-service titles. Its new lineup aims to move beyond a mobile-focused structure by expanding to PC and console platforms and increasing its focus on global markets. The company also plans to sustain launch momentum on the back of stable revenue from live games and regular updates.
Games & Commerce
Korean game makers seek breakthrough on consoles as mobile growth slows
South Korean game companies are increasingly turning to consoles as growth in mobile games slows. A Korea Creative Content Agency report showed console game exports rose 15.1 percent in 2024 to $213.76 million, the fastest growth among platforms, while PC game exports fell. Recent sales successes, including Pearl Abyss’ Crimson Desert, have reinforced the shift. Companies are expanding multi-platform lineups, though revenue structures and long development cycles pose challenges.
Games & Commerce
Korean game companies near annual meetings opt for stability by renewing management
Major South Korean game companies will begin their annual shareholder meeting season late this month, with Krafton, Nexon, Netmarble, Kakao Games and NHN placing proposals to reappoint chief executives and internal directors. The moves reflect a preference for organisational stability and business continuity amid economic uncertainty and long development cycles. Nexon, Netmarble, NHN and Neowiz cite record results, while Krafton and Kakao Games face scrutiny amid weak shares or losses.
