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South Korea’s major video gaming companies bet big on China’s continued openness to franchises with proven track record overseas

  • At least 18 South Korean video games have been granted licences for commercial release in mainland China since late 2022
  • Those included major titles from Nexon, NCSoft and Netmarble, which are South Korea’s top three video gaming companies

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The latest approvals signal that China has eased its restrictions on South Korean video game imports. Photo: VCG via Getty Images
Ann Caoin Seoul, South Korea

A version of this article was first published by The Korea Times in a partnership with the South China Morning Post.

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South Korea’s major video gaming companies see bright prospects for their operations in mainland China on the back of recently granted licences, according to industry insiders and analysts, after grappling with a regulatory crackdown and geopolitical risks in the market over the past few years.
Titles from Nexon, NCSoft Corp and Netmarble Corp – the top three game publishers in South Korea – were among the latest imports approved for commercial release on the mainland, the world’s largest video gaming market. These included Nexon’s Dungeon & Fighter (DnF) Mobile and Netmarble’s The King of Fighters All Star on February 2, and NCSoft’s Blade & Soul 2 last December.

With at least 18 Korean video games licensed for release on the mainland since late 2022, those top developers are betting big that China’s openness would continue and enable more titles in future to be enjoyed by gamers on the mainland, according to industry insiders and analysts.

Video gaming companies “would naturally prefer [to get licences for] products already with proven performance and achievements [overseas]”, according to a report by Shanghai-based video gaming industry research site GameLook, which referred to the strict control on the number of imports released in the market.

Dungeon & Fighter Mobile, part of the role-playing game franchise first published by Nexon in 2005, will be operated in mainland China by Tencent Holdings. Photo: Handout
Dungeon & Fighter Mobile, part of the role-playing game franchise first published by Nexon in 2005, will be operated in mainland China by Tencent Holdings. Photo: Handout

South Korean video game imports already represent a “a bright spot in the market”, the GameLook report said.

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