Neowiz About to Achieve US$ 1 Billion

October 20th, 2010 by Alt

Neowiz Games announced its market value in KOSDAQ has achieved 1,000,000,000,000 Won(=appx. US$ 920M) on Oct. 19th. The Korean game companies that surpass US$ 900M for their market value are NCsoft and Neowiz Games only so far.

Neowiz Games has pioneered sports games and FPS games in Korean market and has published big MMORPGs and various genres.

The growth of Neowiz Games is analyzed that continuous?satisfactory performance and its international growth are reflected.

“We try our best to maximize the?competitiveness?of current games and to launch new games successfully,” said SangYup Lee the CEO of Neowiz Games.

Neowiz Games aims US$ 370m and US$ 100m for revenue and profit respectively.

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