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Wednesday, November 17, 2004

Surging Online Game Exports

We mentioned it before - having the right social and physical infrastructure in mind helps an economy to surge ahead. Companies will then pick up the ball and run with it and in effect, trickle down effects will start and other companies will profit from it.

That is what is happening in Korea - they have their broadband network, they have the population that takes it up and uses it and now, they have a new business taking off. Korea’s online game exports have surged this year thanks to their increased popularity. "The Korea Game Development & Promotion Institute said the country’s accumulated exports of online games until November exceeded US$200 million for the first time, with the total expected to reach US$250 million for the whole year."

(By Asia Business Consulting)