S.Korean game developer Krafton acquires Japan’s ADK for $517 million

S.Korean game developer Krafton acquires Japan’s ADK for $517 million

Krafton Inc., a major South Korean game publisher, has acquired Japan's leading advertising and animation group ADK for 75 billion yen ($517 million...

PUBG’s Krafton taps ex-Apple, Samsung execs for global business

PUBG’s Krafton taps ex-Apple, Samsung execs for global business

South Korean gaming giant Krafton Inc. has hired former executives of not only global game developers but also tech leaders such as Apple Inc. and S...

Krafton eyes mega M&A, PUBG franchise deals: Krafton chair

Krafton eyes mega M&A, PUBG franchise deals: Krafton chair

Krafton Inc., South Korea’s gaming behemoth, is gearing up for the second chapter of its business through “mega” M&A deals and...

PUBG’s Krafton expands in India with localized games

PUBG’s Krafton expands in India with localized games

South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), aims to expand its market share...

Krafton’s PUBG tops in global game market

Krafton’s PUBG tops in global game market

“PlayerUnknown’s Battlegrounds” (PUBG), South Korea’s game developing and publishing giant Krafton Inc. ’s mega-hit ga...

Food tech market emerges as IT firms' new battleground

Food tech market emerges as IT firms' new battleground

The food technology market is set to become the new battleground for tech giants and startups as they race to develop the world's most customized an...

Krafton to introduce AI characters in PUBG

Krafton to introduce AI characters in PUBG

South Korea's game developing and publishing giant Krafton Inc. plans to introduce virtual characters using generative AI in the first-person shoote...

PUBG’s glorious comeback in India boon to Krafton

PUBG’s glorious comeback in India boon to Krafton

South Korea’s game developing and publishing giant Krafton Inc. boasted the local gaming industry’s highest operating margin, above 40%,...

On-device AI chips: New battleground for chipmakers

On-device AI chips: New battleground for chipmakers

As on-device artificial intelligence, designed for smart gadgets such as smartphones, laptops and autonomous-driving cars, emerges as a mega-trend f...

S.Korea's construction companies turn sector into high-tech battleground

S.Korea's construction companies turn sector into high-tech battleground

South Korea's construction companies are aggressively employing state-of-the-art technologies such as artificial intelligence (AI), 3D modeling and ...

New Delhi blocks Krafton’s Battle Ground Mobile India

New Delhi blocks Krafton’s Battle Ground Mobile India

The Indian government has ordered the country’s Alphabet Inc.'s Google Play Store and Apple Inc.’s App Store to delete South Korean ga...

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink, the female K-pop idol group, will hold an in-game concert, the first such event by Korean pop artists, in collaboration with Krafton Inc....

Bulk of Korean IPOs since March 2021 below day one price

Bulk of Korean IPOs since March 2021 below day one price

Fourteen out of the 17 South Korean companies that made a stock market debut between March 2021 and February of this year are trading below their cl...

Europe emerges as battleground for webtoon dominance

Europe emerges as battleground for webtoon dominance

South Korea’s tech behemoths Naver Corp. and Kakao Corp. are intensifying competition over who will dominate the global webtoon market. ...

Smilegate’s Lost Ark becomes second most played game on Steam

Smilegate’s Lost Ark becomes second most played game on Steam

Smilegate Entertainment Inc.’s Lost Ark has become the second most played game within a couple of days after its launch on Steam, the world&rs...

Gaming stocks tumble after disappointing Q4 results

Gaming stocks tumble after disappointing Q4 results

Shares in South Korean gaming companies have been on a losing run since the start of the year, giving up about half of the gains they enjoyed late l...

Krafton invests $5.4 mn in India’s sports game studio

Krafton invests $5.4 mn in India’s sports game studio

Krafton Inc. said it invested $5.4 million in India’s mobile game development studio Nautilus Mobile as the South Korean producer of PlayerUnk...

Krafton's PUBG tops global game revenue with $2.8 bn

Krafton's PUBG tops global game revenue with $2.8 bn

 PlayerUnknown’s Battlegrounds Mobile (PUBG Mobile), a mobile game of South Korean gaming company Krafton Inc., topped the global game re...

Energy-saving chips emerge as new battleground

Energy-saving chips emerge as new battleground

Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...

Father of Krafton's PUBG eyes the expansion of games

Father of Krafton's PUBG eyes the expansion of games

In September 2020, Krafton Inc.’s blockbuster game PlayerUnknown’s Battlegrounds (PUBG) hit a major roadblock. India prohibited Chinese ...

Battlegrounds Mobile India clocks 50 million downloads

Battlegrounds Mobile India clocks 50 million downloads

Battlegrounds Mobile India (BGMI) has clocked 50 million downloads on Google Play in about 1-1/2 months after the game’s launch, its deve...

Online players head S.Korea's biggest month for IPOs

Online players head S.Korea's biggest month for IPOs

South Korea's initial public offering market in July is expected to see its largest-ever amount of share issues for a single month, worth over 8 tri...

Krafton mega IPO on horizon: Industry game-changer

Krafton mega IPO on horizon: Industry game-changer

Krafton Inc. is set to become the first South Korean decacorn startup, or a company valued at over $10 billion, to make a trading debut on the count...

Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown

Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown

The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...

PUBG publisher applies for South Korean 2021 IPO

PUBG publisher applies for South Korean 2021 IPO

South Korea-based game developer Krafton Inc., touted as one of this year's hottest initial public offerings, has filed a preliminary listing applic...

[Upcoming IPO] PUBG creator to go public to finance IP expansion

[Upcoming IPO] PUBG creator to go public to finance IP expansion

Investors are paying close attention to the Korean game holding company Krafton as it is expected to be this year's hottest initial public offering. T...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared