Tag: Korea
A controversial bill proposed by the Ministry of Culture and Tourism in South Korea aims to control the exchange of virtual currency. Described by the deputy director of the mMinistry's Game Industry Division as an attempt to "tighten regulations on hazardous gambling activities," the bill would prohibit the sale and purchase of virtual currency, but would not impose controls on item trading.
In recent years the phenomenon of gold farming has grown dramatically. As online role playing games with complex internal economies grow, so too do...
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Korea is the world’s test bed for IT products, so many companies release cutting-edge products in Korea first. Sony itself released the high-end digital camera DSC-F828 simultaneously in Japan and Korea in 2003. One month later the product was introduced in the U.S. and European market. So what’s the reason that Koreans are suddenly getting the short end of the stick? For one thing, sales of the game console in Korea are not profitable. The number of PS2s sold here was 1.1 million, but that did not translate into profit. PS2, which is in...
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Everyone has heard of the Nintendo DS and Sony PSP, but less will have heard of the GP2X, the latest portable console to come from Gamepark Holdings (GPH) in Korea. Unlike its mainstream competitors the GP2X is aimed at giving the gamer far more freedom than they could ever expect from the likes of Nintendo and Sony. The community-friendly GP2X uses a Linux-based operating system, providing a framework for you to do activities typically associated with desktop computing, such as playing emulators, view photos, listen to music and watch videos....
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