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Sunday, August 22, 2010

[KOSDAQ REPORT (54)] NEOWIZ Games targets global mobile markets


A Korean online game publisher, NEOWIZ wants to expand their businesses to oversea and mobile contents as main drivers for the future growth. The company expects that the overseas revenue will increase about 45 percent around 90 billion won ($73.22) in this year. Game portal Pmang (www.pmang.com) and international branches, NEOWIZ has continued expanding into many countries such as China, the U.S., Vietnam, Taiwan and Thailand. NEOWIZ chief executive said that they plan to expand their branches in Japan and China to be well known as in Korea.

In a result to growth in mobile markets, its U.S. affiliate Neowiz Entertainment has listed a mobile game named Nimps and its portal Pmang on Apple’s App Store. Online games claim success is through increased participation of users and the changing needs of different users of the games. The company also took over Cyber Revolutionary Space, famous for its game Seven Souls, to strengthen their contents and global competitiveness.


In my opinion, it is good to know that NEOWIZ Company will expand their online game to Thailand. Thai people can enjoy this online game too. It will also make their business growth.


http://www.koreaherald.com/business/Detail.jsp?newsMLId=20100616000443


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