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Korea Goes Game Crazy, Dumps Billions Into Industry

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The South Korean government says they will invest 350 billion won in the computer game industry by 2012.

In a meeting Wednesday about plans to develop the game industry in the country, Culture, Sports and Tourism Minister Yu In-chon said they country's game industry hit a billion-dollar export goal this year.

The minister plans to kick start 60 projects in the country, including a $200 billion game fund, to help South Korea become one of the largest gave developers in the world. That's right, he's looking at you Japan and the U.S.

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This has gotta mean good news for Korean-based developer NC Soft.

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