Game publisher NCsoft maintained its AA environmental, social and governance (ESG) rating this year, the highest in Korea's game publishing industry.
NCsoft shares dropped after the release of Journey of Monarch, with the game reportedly disappointing investors.
NCsoft announced the establishment of three new game studios and an AI subsidiary to enhance game development.
NCsoft reported a net loss of $19.3 million in the third quarter due to expenses related to new game rollouts and massive updates.
Two Korean gaming publishers, NCsoft and Shift Up, received the Chinese government’s approval for their online games on Friday.
NCsoft has pushed back the release date of Throne and Liberty to Oct. 1 to reflect feedback from a beta test in July.
NCsoft finalized the decision to spin off two of its major divisions into separate subsidiaries in a bid to expand its expertise in the business-to-business (B2B) sector.
NCsoft has carried out a global C-suite reshuffle in a bid to generate new revenue streams, reducing the influence of founder Kim Taek-jin's family.
NCsoft formed a joint venture with VNGGames to expand into Southeast Asian market, starting with the debut of Lineage2M.
NCsoft's second-quarter operating profit dropped 75%, with mobile game sales declining.
Korea JoongAng Daily Sitemap
