Sega Sammy closes Sega Korea

Seganerds report: "It looks like Sega Sammy's financial fallout isn't through yet as the company announced the dissolution of Sega Korea today. According to financial documents, the reason is for "global business optimization," and Sega Sammy claims the move will "have no significant impact on the company's consolidated operating results."

What's more is that Sega Sammy also announced the closure of Sammy Europe Limited late last month. After the recent news that the company is abandoning plans for an amusement park near Tokyo despite investing a significant amount of money, it's clear its trying to cut its losses and stem any more blood flow as soon as possible".

Read Full Story >>
The story is too old to be commented.