Tag: Korea Finance Corporation
Korean games popular in China and Japan
April 20, 2014
Korea Times – K-pop’s rise is fast and furious, representing the country’s booming cultural industry. Yet this doesn’t mean K-pop is the most profitable export item among cultural products. Guess what the No.1 is? Computer games. According to the state-run Korea Finance Corporation, Korea’s games exports in 2012, the latest date, reached $2.6 billion, nearly more than half of the country’s cultural products exports. The figure was a whopping 11 times the $235 million in exports of K-pop content that year, the institution said Monday. By sector, online games using fixed-line Internet were the biggest money-maker with $2.4 billion or…