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China Capital abandon the Korean game market domestic production technology has exceeded South Korea

2025-01-27 08:23:23|Myriagame |source：minecraft skins

The "Global Game Industry Trends Report in the Second quarter of 2016" released by the Korean Contents Revitalizing Institute (KOCCA) stated that in addition to the listing of backdoor listing or ensuring popular intellectual property rights, it is currently difficult for Chinese capital to see Chinese capital in the Korean game market.

This is in sharp contrast to the formation of Chinese capital in 2010-2014 through mergers and acquisitions, and it reflects that the Korean game market is no longer from the side.

According to the Yonhap News Agency on September 9, the report specifically pointed out that China Investment, Tencent, has not acquired Korean companies after 2014, which shows that no Korean company has caused Tencent's investment interest.

From 2006 to 2014, Tencent made a large investment in 15 Korean game companies. Especially in 2014, Tencent acquired South Korea ’s NetMarb company worth $ 500 million, setting the largest record in China's capital investment in the Korean game market.

The analysis believes that the Chinese capital's leaving the Korean game market is that the technical level of Chinese game developers has basically surpassed South Korea. On the contrary, the Korean game industry has fallen into a trough.

The report pointed out that many Korean mobile game developers have followed the successful cases and have launched games that are similar, and have been treated by Korean players.The Korean game market is no longer confident, and investment naturally shrinks.

The report also pointed out that this year, there are also cases of some Chinese capital investment in the Korean game industry, but it is difficult to see it as a direct investment that affects Korean game technology development.

China palm technology acquired 19.24%of South Korea's Webzen company for about 1.1 billion yuan, but the main purpose was to implant Webzen's popular game IP into China ’s local mobile game.

It is reported that an industry insider in the Korean game industry said that the quality of Chinese games has been greatly improved, and even the situation of Korean game companies purchased Chinese games.

In addition, the Chinese government vigorously develops the game industry, and China's capital demand for investment in South Korea has decreased.

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