Microsoft unveils 23 bln won investment plan for S. Korean game developers

SEOUL, Sept. 24 (Yonhap) -- U.S. software giant Microsoft Corp. has disclosed a
plan to invest 23 billion won (US$19.2 million won) over the next four years to
support South Korean game developers, a government agency said Thursday.

According to the Korea Creative Content Agency, Microsoft will provide at least
25 game development firms with technological and marketing support. It will also
educate and train developers and help set up new business entities, and assist in
their overseas advancement.
"When South Korea's on-line game technologies are combined with Microsoft's
development software, platform and sales channels, we expect a great synergy will
come out in the next-generation game market," said Kim James Woo, head of
Microsoft's Korean subsidiary, in a statement.
Prior to Thursday's announcement, Microsoft signed a preliminary agreement with
the agency earlier in May this year on fostering the game software industry in
the country.
ygkim@yna.co.kr
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