April 20, 2024

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[THE INVESTOR] Korea’s gaming industry is the world’s fourth-largest in sales, but none of the local companies rank among the top producers, a report said on Dec. 18.

According to the Korea Creative Content Agency, the industry’s sales in October came to US$5.76 billion. The number ranked fourth behind US$34.4 billion for China, US$31.53 billion for the United States and US$17.71 billion for Japan.

Korea ranks even higher if internet connections are counted in. 

China’s Tencent was No. 1 with US$10.18 billion in sales as of June. Japan’s Sony followed next with US$6.13 billion. Apple of the United States ranked third with US$4.39 billion and Microsoft fourth with US$4.19 billion.

Local firm Netmarble was fifth in sales through Google Play. 

There were no Korean companies in the top 10 sales through Apple’s App Store.

By Song Seung-hyun and newswires (ssh@heraldcorp.com)