China plays for control in Korean gaming

For years, Chinese investment in South Korea's gaming industry followed a familiar formula. Chinese technology giants provided capital, secured publishing partnerships and accumulated minority stakes in leading game makers, while Korean founders of each game developer retained management control. This pattern, however, recently took a vigilant turn, putting stakeholders on notice. Wemade — a Korean game developer best known for its massively multiplayer online role-playing game, or MMORPG, franc

By The Korea Herald