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Games & Commerce

Korean games secure seven China foreign game licenses in first half, boosting earnings hopes

More South Korean games won approvals from the Chinese government in the first half of this year, lifting expectations they will contribute to earnings. China granted foreign game licences to seven Korea-linked titles from January to June, according to the National Press and Publication Administration. Companies are increasingly working with local partners such as Tencent rather than running services directly. Some recently launched Korean games have posted early results in China, though sustained performance will depend on live operations.

Finance

Game industry expands dividends, share cancellations, seeking to lift \'relatively neglected\' stocks

Major South Korean game companies are strengthening shareholder return policies by introducing dividends or expanding share cancellations. The moves come as the KOSPI has climbed sharply over the past year and entered record territory, while game stocks have been relatively left behind. Companies including Krafton, Netmarble, Pearl Abyss and Webzen outlined payouts, buybacks and cancellation plans. The shift is also linked to small-shareholder pressure and discussions on corporate value-up policies.

Games & Commerce

Kakao union presses ahead with first headquarters strike, warns of second walkout on June 29 logoff day

Kakao\'s labour union held the company\'s first partial strike at headquarters and staged a large rally around Pangyo, demanding job security and accountability from management. The union said it would also stage an additional walkout on June 29 dubbed a \"logoff day\". The dispute over whether performance pay includes restricted stock units has broadened into conflict over compensation system changes and job insecurity.