April 19, 2024

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[THE INVESTOR] NCSoft’s new mobile game “Lineage M” will surpass expectations, said Daishin Securities on May 26, maintaining a “buy” recommendation and 460,000 won (US$410.46) target price. 

The firm has started generating characters before the launch and all 100 servers with capacity for more than 10,000 characters, were full in one week. It had to open an additional 20, according to analyst Kim Yun-jin, estimating that users actively awaiting the game are well over 1 million. 

Considering that “Lineage 2: Revolution” only needed 50 servers for pre-production of characters, the new release will be a surprise hit, said Kim.
It is likely, however, that the mobile spin-off will receive “restricted” rating, pointed out the analyst. 

By Hwang You-mee (glamazon@heraldcorp.com)