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NCsoft Shifts to Non-Game Internet Services

NCsoft is slowly but steadily expanding to the non-game Internet service sector, while its cash-cow game business is losing vigor.

Korea's largest game company this year has released a series of social-networking services from Openmaru, an in-house software studio, with strong support from its CEO Kim Taek-jin. Meanwhile, its stock price almost halved over the past two months, as investors raised doubt about the prospect of its online games business.

CEO Kim said Wednesday that the firm will increase investment in the online services sector, which is dominated by big portal operators such as Naver, Daum and SK Communications.

"After games, the Internet has become my new dream," he said during a special lecture to students of Seoul National University.

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koreatimes.co.kr
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