Search results for New York Game Awards
Games & Commerce
Korean game studios diversify console strategies to extend IP life beyond platform expansion
Korean game companies are pushing into consoles as part of broader strategy shifts, expanding hit titles to new devices while building new games for PC and consoles from the outset. The move reflects slower mobile user growth, genre concentration and heavy reliance on domestic revenue. Console markets can support longer sales through DLC, bundles, physical packages, merchandise and sequels for global audiences. Companies are also adopting demos, early access and community feedback ahead of launch.
Games & Commerce
Neowiz to launch \'Lies of P\' on Nintendo Switch 2 on Aug. 6
Neowiz will release its action RPG \'Lies of P: Complete Edition\' for Nintendo Switch 2 on Aug. 6, the company said on Tuesday. The version bundles the main game and DLC \'Lies of P: Overture\' and will cost 69,800 won, with pre-orders available on the Nintendo eShop. Neowiz will also sell a physical package with special goods in global markets on Oct. 2.
Games & Commerce
Neowiz posts 60 billion won 2025 operating profit, up 82.2 percent
Neowiz said its 2025 operating profit rose 82.2 percent from a year earlier to 60 billion won. Revenue increased 18 percent to 432.7 billion won and net profit turned positive at 45.8 billion won. Fourth-quarter revenue rose 18.6 percent to 106.3 billion won, while operating profit fell 31.7 percent to 4.7 billion won. The company plans new releases and shareholder return measures.
