Interesting Move by Tax Service

February 27th, 2007 Jun Sok Huhh

National Tax Service(NTS), equivalent to IRS in US, announced that it had put a surcharge on a business person who had run an RMT company.

Read the rest of this entry »

Posted in news | No Comments »

Waning Competitive Edge

February 8th, 2007 Jun Sok Huhh

KOTRA, the national agency for promoting exports, announced some export records of Korean online games for recent years. One interesting point is the change of Korea's share in China online game market. It is generally recognized that Korean online games has gained the dominant position in China market. The Legend of Mir series, Mu, Lineage, Kart Rider are also Chinese favorites, not only Korean.

Read the rest of this entry »

Posted in news | No Comments »

The Power of Tween

February 6th, 2007 Jun Sok Huhh

At least for last two years, one of major agendas in Korean online gaming is micro payment. The business model itself seems so attractive in that it requires players much lower entry barrier. Some Korean experts rashly declared that the fixed-fee based model would be perish soon. But, the story might be nuanced one.

Read the rest of this entry »

Posted in news | 1 Comment »