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Korean Government to Invest $200bn in Gaming Industry

By: Andrew Lee, Dec 07, 2008
Tags: Industry News, Korea |


Little known fact: Starcraft is mildly popular in South Korea

Does the South Korean government know something we don’t? It sure seems that way, considering Culture, Sports and Tourism Minister Yu In-Chon’s announcement last week that the South Korean government plans to commit $200bn for investment into the nation’s gaming industry. Financial crisis? What financial crisis?

It sounds strange when you consider the fact that in the United States — whose game industry is the strongest in the world — many companies are being forced to abandon risky titles in favor of more assuredly profitable games. But when you consider the culture of gaming in South Korea, it makes a lot of sense; after all, this is a country in which skilled Starcraft players can become celebrities.

It’ll be very interesting to see what genres will benefit from that $200bn. Western gamers have already gotten an extensive taste of South Korean-made MMOs, so it’d be exciting to see what other types of games that country’s gaming industry is producing.

[Source] via Massively

Comments

  1. Nice writing. You are on my RSS reader now so I can read more from you down the road.

    Allen Taylor

    –Allen Taylor on Dec 07, 2008

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