S.Korean game behemoth invests $16 mn in Elon Musk's SpaceX
The founder of South Korea's leading game company Nexon Co. has invested $16 million in SpaceX, the aerospace company headed by Elon Musk, chief e...
S.Korean game industry boasts strong growth; set to exceed $16 bn
South Korea’s game market size is projected to exceed 18 trillion won ($16.6 billion) this year, driven by game enthusiasts who have remained ...
Kakao Games injects $173mn into S.Korean game company
Kakao Games Corp. has injected around 190 billion won ($173 million) into South Korean game company Neptune Corp., pouring in nearly half the proc...
Samsung clinches 2nd deal to make Nvidia’s latest gaming chips
Samsung Electronics Co. will manufacture Nvidia Corp.’s latest gaming chips in the second such contract of the year from the US chipmaker, as ...
Neptune rises as dark horse in global game industry
A South Korean game company is hoping to shake up the global game landscape with its latest title, Eternal Return: Black Survival, a PC game that ...
S.Korean games, entertainment eye China return after 3-year ban
South Korea's game and entertainment companies saw their share prices surge on rising expectations of a return to the Chinese market after a Korea...
Global NAND market in game of chicken as Samsung ups ante
Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in the NAND business next...
Saudi crown prince to be top shareholder of Seoul-listed gaming firm
The Crown Prince of Saudi Arabia Mohammed bin Salman has agreed to buy 240 billion won ($217 million) worth of shares in the South Korea-listed game...
Korean mobile game developer buys out German rival
South Korean mobile game developer Com2uS Corp. has acquired a German gaming rival in its first cross-over buyout, in a move to bolster its sports gam...
Kakao Games shares hit upper limit for two consecutive days, further fueling IPO hype
Kakao Games Corp. shares reached the daily upper limit for the second consecutive day on Sept. 11, pushing the company to the third place on KOSDAQ wi...
Kakao Games raises whopping $49.3 bn in subscriptions fueling IPO hype
Kakao Games Corp. has set a fresh record raising over 58.6 trillion won ($49.3 billion) in deposits during its two-day public subscription on Sep...
Samsung to make Nvidia’s latest gaming chips in stepped-up foundry business
Samsung Electronics Co. will manufacture Nvidia Corp.’s latest gaming chips as the South Korean tech giant aims to expand its presence in the fo...
Kakao Games makes a splash; raising over $13.5 bn in public subscription deposits
Kakao Games Corp. has raised over a staggering 16 trillion won ($13.5 billion) in deposits during the first day of its public subscription on Septembe...
Kakao Games bookbuilding draws record-high demand
Kakao Games Corp. posted record-high demand during its bookbuilding for institutional investors on August 25 and 26, according to the company's regula...
Kakao Games gears up to become Korea’s IPO blockbuster of the year
Kakao Games Corp. is set to be South Korea’s biggest initial public offering of the year backed by overwhelming demand seen during its bookbuild...
Updated: Kakao Games to shore up M&A with IPO proceeds – CEO
Kakao Games Corp. will use proceeds from the initial public offering to carry out active M&A among game sectors, said Namkoong-whon, the company's...
Korean game platform seeks $323 mn IPO in non-contact business boom
Kakao Games Corp., a unit of South Korea’s top mobile messaging app operator, is seeking to raise up to 384 billion won ($323 million) from an i...
Sale of Korean game firm cancelled in lack of strategic buyers
The planned sale of the parent company of South Korea’s biggest online gaming firm Nexon Co. Ltd., was abruptly cancelled after it failed to narrow th...
Game maker's holding firms renews bets on pet food market
NXC Corp., the holding company of South Korea's game developer Nexon Co., has acquired an Italian pet food maker for 27.8 billion won ($ ) CerereAgras...
Kakao Games
Kakao GamesOperating profit soared by 72% to 114.3 billion won from a year earlier.Sales more than doubled to 1.0 trillion won over the same period.Mo...
Samsung Electronics opens gaming-focused shopping platform(edited)
Samsung Electronics Co. on Monday launched the "Samsung Game Portal" on Samsung.com in Korea, as the South Korean tech giant seeks to strengthen i...
