Battle For So. Korea: GAMEVIL vs Com2uS Q3 2010

GAMEVIL

• Q3 sales were led by ZENONIA 3 & Baseball Superstars 2011 in the Korean market
• The company believes it can maintain high profit margins by focusing on franchises & virtual goods sales within games
• Aggressively pushing into smartphones & tablets (but figures not broken out)
• The company is preparing to release its first online social game by the end of the year

Com2uS

• Company didn't have a major title launch in Q3, due to a product delay
• Smartphone revenues (36.8% in quarter) are growing rapidly, but not fast enough to offset rapid decline of feature phone revenues (hmm, where have I heard that before?)
• Homerun Battle 3D continues to be a star, but Slice It is off to a strong start
• Company has reduced royalty costs by focusing more on original IP games