{"id":10146,"date":"2022-10-17T14:09:14","date_gmt":"2022-10-17T11:09:14","guid":{"rendered":"https:\/\/blogit.lab.fi\/labfocus\/?p=10146"},"modified":"2022-10-17T14:09:15","modified_gmt":"2022-10-17T11:09:15","slug":"baltic-game-companies-in-south-korea","status":"publish","type":"post","link":"https:\/\/blogit.lab.fi\/labfocus\/en\/baltic-game-companies-in-south-korea\/","title":{"rendered":"Baltic game companies in South Korea"},"content":{"rendered":"\n<p><a>The Baltic Explorers project organized a weeklong trade mission to South Korea in August\u2012September 2022. The aim of the trade mission was to help Baltic game companies to create personal connections to South Korea and open discussion and business collaboration in the area. South Korea is ranked the 4th in the world by revenues created by the game industry and it has been said to be the gate to Asian game market (Newzoo 2022).<\/a><\/p>\n\n\n\n<p>The trade mission had nine participants from eight companies. Participant companies were from three Baltic Explorers partner countries: Finland, Sweden and Estonia. All the companies had at least one game project they were showcasing (Video 1).<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"BE BIC Trailer\" width=\"1140\" height=\"641\" src=\"https:\/\/www.youtube.com\/embed\/EX-eCaWsnso?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><figcaption>Video 1. Introduction video of the companies participating the South Korean trade mission. (Video 1)<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Studio visits in Seoul and Pangyo<\/h2>\n\n\n\n<p>During the first two days of the trade mission participants visited 7 game companies in Seoul and Pangyo. Pangyo is known as the \u201cSilicon Valley\u201d of Korea and is the homebase of multiple major Korean game companies. The studio visits were arranged in collaboration with two game industry experts working currently in Finland, Solip Park and Chris Hong. Both also helped with translations and connection making before, during and after the trade mission.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"516\" src=\"https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_1-1024x516.jpg\" alt=\"[Alt Text: Picture of a group of people wearing masks. In the background the text \u201cKakao Games \u2013 Toy Ryan\u201d]\" class=\"wp-image-10148\" srcset=\"https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_1-1024x516.jpg 1024w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_1-300x151.jpg 300w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_1-768x387.jpg 768w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_1-570x287.jpg 570w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_1.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Image 1. Participants posing at the Kakao Games studio. (Image: Katri Putkonen)<\/figcaption><\/figure>\n\n\n\n<p>Companies visited included game developers and publishers like Kakao Games (Image 1), Neowiz, CFK and Megazone Cloud. And game related service providers (localization, QA, cloud services etc.) like ADOP and Latis Global. usan Indie Connect Festival 2022<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Busan Indie Connect Festival 2022<\/h2>\n\n\n\n<p>Busan Indie Connect Festival (BIC) was held at the Busan Port International Exhibition and Convention Center from the 1st to the 4<sup>th<\/sup> of September. During the four event days 15,973 people visited the venue. The event consisted of two parts. First two days the exhibition and conference were only open for game industry professionals and concentrated on business and game development. The last two days the exhibition and conference were aimed for the consumers.&nbsp; BIC concentrated on showcasing indie games and had 162 games from 23 countries. (BIC Festival Organizing Committee 2022.)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"513\" src=\"https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_2-1024x513.jpg\" alt=\"[Alt text: Three people talking in the left side of the picture, conference booth and more people in the background]\" class=\"wp-image-10149\" srcset=\"https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_2-1024x513.jpg 1024w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_2-300x150.jpg 300w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_2-768x385.jpg 768w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_2-570x285.jpg 570w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_2.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Image 2. Baltic Explorers booth was quiet busy throughout the four event days. (Image: Ria Gynther)<\/figcaption><\/figure>\n\n\n\n<p>One of the participant teams, Flaimbait from Sweden, had their own booth in the Indie area and others shared the Baltic Explorers booth. As the event was mainly in Korean, the participants were provided with translators to help trough out the event and meetings.<\/p>\n\n\n\n<p>Most of the meetings during BIC were reserved by the companies themselves or happened ad-hoc at the booth (Image 2). With the project team connections, companies like Shin-A Group and Com2us were specially invited to visit the booth. Also, many of the companies that were visited previously the same week in Seoul Capital area took part in BIC and continued discussions with participants during the event. Collaboration with the BIC organizers was also valuable, they visited with the event judges and gave valuable feedback to the companies about their games.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Participant feedback<\/h2>\n\n\n\n<p>According to the participant feedback the South Korean trade mission was a success! A month after the trip there are two confirmed collaboration deals and multiple ongoing discussions. Especially the contacts made to South Korean game publishers were appreciated by the participants.<\/p>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#b3edfb\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<p>Author<br><br><strong>Ria Gynther<\/strong> works as a RDI Specialist at the LAB University of Applied Sciences and as a Project Manager in the <a href=\"https:\/\/balticexplorers.eu\/\" target=\"_blank\" rel=\"noreferrer noopener\">Baltic Explorers Project<\/a>.<\/p>\n<\/div><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"67\" src=\"https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_3.png\" alt=\"\" class=\"wp-image-10150\" srcset=\"https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_3.png 602w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_3-300x33.png 300w, https:\/\/blogit.lab.fi\/labfocus\/wp-content\/uploads\/sites\/8\/2022\/10\/623_2022_Baltic-game-companies-in-South-Korea_3-570x63.png 570w\" sizes=\"auto, (max-width: 602px) 100vw, 602px\" \/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\">References<\/h2>\n\n\n\n<p>BIC Festival Organizing Committee. 2022. \ubd80\uc0b0\uc778\ub514\ucee4\ub125\ud2b8\ud398\uc2a4\ud2f0\ubc8c 2022\u2019, 3\ub144 \ub9cc\uc758 \uc624\ud504\ub77c\uc778 \uc804\uba74 \uac1c\ubc29\uacfc \ud568\uaed8 \uc131\ud669\ub9ac \ud3d0\ub9c9. Cited 12 Oct 2022. Available at <a href=\"https:\/\/bicfest.org\/boards\/rpb\/ids\/10029\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/bicfest.org\/boards\/rpb\/ids\/10029<\/a><\/p>\n\n\n\n<p>Newzoo. 2022. Key Insights into South Korean Gamers. Newzoo Gamer Insights Report. Cited 12 Oct 2022. Available at <a href=\"https:\/\/newzoo.com\/insights\/trend-reports\/key-insights-into-south-korean-gamers-newzoo-gamer-insights-report\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/newzoo.com\/insights\/trend-reports\/key-insights-into-south-korean-gamers-newzoo-gamer-insights-report<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Video<\/h2>\n\n\n\n<p>Video 1.\u00a0 Baltic Explorers. 2022. BE BIC Trailer. YouTube. Cited 14 Oct 2022. Available at <a href=\"https:\/\/www.youtube.com\/watch?v=EX-eCaWsnso\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/watch?v=EX-eCaWsnso<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Links<\/h2>\n\n\n\n<p>Link 1. Baltic Explorers. 2020. Project. Cited 14 Jun 2022. Available at <a href=\"https:\/\/balticexplorers.eu\/\">https:\/\/balticexplorers.eu\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Baltic Explorers project organized a weeklong trade mission to South Korea in August\u2012September 2022. The aim of the trade mission was to help Baltic game companies to create personal connections to South Korea and open discussion and business collaboration in the area. South Korea is ranked the 4th in the world by revenues created [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":10148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[756,21],"tags":[616,1215,1209,4632],"class_list":{"0":"post-10146","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-design-and-thick-value","8":"category-innovations","9":"tag-article-e1","10":"tag-baltic-explorers","11":"tag-game-industry","12":"tag-south-korea-en","13":"czr-hentry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Baltic game companies in South Korea - LAB Focus<\/title>\n<meta name=\"description\" content=\"Experiences in South Korean game industry and networking event.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogit.lab.fi\/labfocus\/en\/baltic-game-companies-in-south-korea\/\" \/>\n<meta property=\"og:locale\" content=\"fi_FI\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baltic game companies in South Korea - 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