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Korea pours billions into home games industry

News by Patrick Garratt Founder & Publisher (Former)

Published on Dec. 4, 2008

Korea's government is backing the nation's games industry with a 350 billion won ($200 million) investment until 2012, aiming to expand the country's game exports to 5 trillion won ($3.39 billion) per year.

According to a report in Korean news publication Digital Chosunilbo, Culture, Sports and Tourism Minster Yu In-chon revealed the plans in a recent meeting, citing the potential for the games industry to drive future growth.