South Korea Has Entered A K-Game Era

By evelynDate: 12-20-2011 Views:


Your Reaction?

Aside from high exports, Korean games are often ranked among top of MMO lists in other countries, such as Smile Gate's Cross Fire in China, KOG's Grand Chase in Brazil, Mgame's Yulgang in Thailand, Joy Max' Lost Saga in Indonesia and Dragonfly's Special Force in the Philippines. In terms of mobile games, products from Gamevil and Com2us, the largest mobile game companies in South Korea, frequently stay at the top of the App Store list in America, Europe and Japan and dominate the top 10 list.

Full SizeBlade & Soul screenshot

In the meantime, Korean game companies are more and more influential in the world. As Nexon went public on the Tokyo Stock Exchange on December 14th, Nexon has become the third largest game company globally, just behind Blizzard Entertainment and EA Games. Nexon's sales will reach 1.26 trillion won (approx. US$ 1.08 billion) this year, and its overseas sales will occupy 65%, according to a senior official at Nexon.

RecommendationNexon to Raise $1.3 Billion, Set for Japan's Biggest IPO of 2011

RecommendationNexon Risen to be the World's Third Biggest Game Company

The high popularity of Korean MMOs in the world is attributed to their high quality. Nexon's The Kingdom of the Winds released in 1996 is the earliest graphic MMO. NCsoft's Lineage has integrated the concept of MMORPG. Adhering to the principle of "competition and creation", Korean game companies are ahead of their peers in development and creativeness. South Korea even takes a lead in mobile games, tablet games and social games.

Lineage Eternal

As of Q3, respectively 75%, 56%, 54% and 53% of the total sales of Wemade, YD Online, Webzen and Neowiz Games come from exports. These companies have transformed themselves from traditional game developers to MMO exporters. Benefited from exports, Neowiz Games has surpassed NCsoft and become NO.2 in the game industry in South Korea. Smile Gate, the developer of Cross Fire has even become one of the top 5 Korean game companies with the help of CrossFire.

cross fire

Export is the national strategy of South Korea, and cultural and product exports have revived South Korea's economy. Particularly, Korean game companies have reaped the largest benefits for their huge development funds mostly come from export sales. Along with the expansion of the global market, Korean games will still take the lead and are expected to create greater industrial value.


Bookmark and share to your friends

Player Comments (Totally Comments)

>> Leave a Comment

Submit News & Articles

Write Now

Special Offer

Writer Club Staff

  • Icaras Icaras Elite Columnist
    Articles ?

    Icaras can be best described as a British gamer who gets a little too into PvP. He can be found playing any RPG with PvP features...

  • Raptorak Raptorak Advanced Columnist
    Articles ?

    Raptorak is an avid gamer that enjoys exploring all aspects of games. While doing so, he immerses himself into the surrounding community...

  • Zevri Zevri Advanced Columnist
    Articles ?

    Zevri is an avid gamer who does dive back into the real world from time to time. His all time goal is to start his own business...

  • Ron Fair Ron Fair Advanced Columnist
    Articles ?

    Ron Fair is a very passionate writer and scholar whose strong and sometimes unconventional opinions have stirred controversy...

  • chaose5 chaose5 Elite Columnist
    Articles ?

    Chaose5 is an avid MMORPG player from Singapore. He is one of the founders and leader of the largest English speaking guild...

  • Mimiron Mimiron Advanced Columnist
    Articles ?

    I really like to share my views with the world, thus, passion to Blizzard franchises brought me here...

  • Benjamin Benjamin Elite Columnist
    Articles ?

    He keep an eye of the things going around the communities in the mmo games, and general games, also getting whatever info he can get into his hands...

  • Although he has a bachelor's degree in Criminology, Alex has been writing about video games for over four years. He is a producer, indie developer, and hardcore gamer...

  • LamestDude LamestDude Elite Columnist
    Articles ?

    LamestDude loves to play MMORPGs. They are indeed one of his passions beside the other one, which is writting...

  • Aspenach Aspenach Elite Columnist
    Articles ?

    Aspenach is a gamer who loves variety in his games and games he plays includes, FPS, RPG, Action Games, Driving Games and lately MMORPG...

  • David is an avid gamer, but loves RPGs and especially MMOs the most of all. He particularly enjoys playing Paladin/Guardian-esque characters...

  • DJWest DJWest Newbie Writer
    Articles ?

    DJWest is a long-time MMO fan who loves high-speed action, healing, and large-scale battles that make you think...

  • Net Net Newbie Writer
    Articles ?

    Net enjoys the fun and satisfaction of shooter games, but has been known to enjoy playing Thief-type characters in RPGs....

Mobile Game News

Most Creative Android Games You Can't Miss Most Creative Android Games You Can't Miss
  • E3
  • ChinaJoy
  • Comic Con
  • GamesCom
  • Gstar
  • GDC
  • PAX East