KT Corporations also known as KT is a South Korean integrated wired, wireless telecommunication serive provider. KT focuses on information and communicaitons business, and it has the largest protion of the South Korean local telephone and high speed internet market.
KT Monday pledged to prop up a government initiative to foster new industries
and establish a 105 billion won ($94.96 million) fund to subsidize startups. KT said the Pangyo center will support the nation's game industry, financial
technology industry and healthcare businesses based on the Internet of
Things technology.
The center will cooperate with major game companies including Nexon, NCSOFT, Neowiz and Smilegate, to promote promising ideas and develop and foster them as global games. It will run the Game Software Lab, where game startups can use development tools for free, and the Mobile Lab, a mobile game test bed.
The center will work with the Global Game Hub Center, run by Korea Creative Content Agency, to support developers in publishing games overseas. The developers will also have opportunities to participate in global game shows such as G-Star and China Joy to promote their games.
The center will cooperate with major game companies including Nexon, NCSOFT, Neowiz and Smilegate, to promote promising ideas and develop and foster them as global games. It will run the Game Software Lab, where game startups can use development tools for free, and the Mobile Lab, a mobile game test bed.
The center will work with the Global Game Hub Center, run by Korea Creative Content Agency, to support developers in publishing games overseas. The developers will also have opportunities to participate in global game shows such as G-Star and China Joy to promote their games.
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