A new report from research firm Pearl Research has suggested that the video game market in South Korea will exceed $2 billion in 2007, driven by online and mobile phone games.
South Korea has long been known as having one of the highest penetrations of broadband Internet connections in the world, with 79 percent PC penetration and 12 million out of 15 million households connected to broadband. This is in addition to more than 20,000 Internet cafes, which charge an average of less than $2 an hour - often with game access.
"TOKYO INDIE GAMES SUMMIT, the digital and in-person Japanese event showcasing developers and indie games from both local talent and around the world, returns to Kichijōji for its second annual iteration on Saturday, March 2 and Sunday, March 3, 2024." - Phoenixx.
"My Arcade teams up with the legendary Atari® brand to introduce the Atari Gamestation Pro with 200+ games! The Atari® Gamestation Pro is available for pre-order today, at select retailers for delivery by October 31, 2023 for an MSRP of $99.99 USD." - My Arcade and Atari.
Microsoft's Phil Spencer said in testimony that the company may exit its gaming business if Game Pass subscribers off consoles don't increase a lot by fiscal year 2027.