Search results for Krafton
Games & Commerce
Krafton settles lawsuit with former Unknown Worlds management, ending dispute worth up to $250 million
Krafton said on Tuesday that the plaintiff in a lawsuit filed by Fortis Advisors, a former shareholder representative of its subsidiary Unknown Worlds, had withdrawn the case. The company disclosed that the withdrawal followed a settlement, with no judgment amount stated. The dispute concerned an earnout clause in Krafton’s acquisition of Unknown Worlds, tied to performance including that of “Subnautica 2,” with a potential payout of up to $250 million.
Games & Commerce
Nexth CEO Jang Hyun-kook seeks OneStore merger, centers on payments platform
Jang Hyun-kook (장현국), CEO of Nexth, set out a plan to merge Nexth and OneStore and build a web shop-based payments platform after completing the OneStore acquisition. He said Nexth plans to merge the two companies as soon as possible after a practical review. Nexth disclosed it completed payment for 20,247,990 OneStore shares, equal to 89.03 percent, for 62.6 billion won.
Games & Commerce
Krafton sets out infrastructure, publishing and AI as ESG approach for game industry
Krafton has published a regular report outlining its sustainability management system and response strategies for key material issues. The company released its 2025 environmental, social and governance (ESG) report, based on global disclosure standards and a double materiality assessment. It set out an ESG framework built around sustainable infrastructure, trusted publishing and responsible AI. The report also identifies four major issues and details related response strategies.
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Games & Commerce
Krafton CEO Kim Chang-han meets AWS CEO to discuss physical AI cooperation
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Games & Commerce
Krafton to unveil five new titles at Gamescom 2026, including unannounced PUBG Studio game
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Games & Commerce
OpenAI to supply ChatGPT Enterprise to all Samsung Electronics employees
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Games & Commerce
One in five new Steam games uses AI, lowering development barrier but raising trust hurdle
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Games & Commerce
Nexth acquisition of OneStore secures game distribution channel, puts web3 hub shift to the test
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Games & Commerce
Krafton\'s Neon Giant unveils NO LAW city-building technology at Unreal Fest
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Games & Commerce
Nexters to acquire OneStore, push shift to Web3 game store and AI platform
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Games & Commerce
Krafton introduces AI partner in PUBG, starts PUBG Ally beta service
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Games & Commerce
Nexon NDC 26 opens; Lee Jung-heon says user understanding is competitiveness in AI era
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Finance
Game industry expands dividends, share cancellations, seeking to lift \'relatively neglected\' stocks
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Games & Commerce
Naver\'s Chzzk teams up with Krafton PUBG: Battlegrounds to expand esports content
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Games & Commerce
Krafton to hold first global test for new title Project Zeta, targets early access in second half
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AI & Enterprise
Jensen Huang\'s five-day visit leaves Nvidia footprint in South Korea\'s AI ecosystem
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AI & Enterprise
Jensen Huang wraps up South Korea visit, stresses physical AI cooperation and startup support
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Industry
Jensen Huang charts AI cooperation map in South Korea over four days