NexonвЂ™s Sweden-based subsidiary Embark Studios is preparing to launch ARC Raiders, a free-to-play third-person sci-fi shooter game. Nexon also made official the merger between its developer subsidiaries Nat Games and Nexon GT to launch what is tentatively named Nexon Games. Nitro Studio and devCat are focusing on producing KartRider: Drift and Mabinogi Mobile. To keep its growing size from slowing innovation, Nexon set up Nitro Studio as a joint venture with local game developer devCat. вЂњOnly when we ourselves are satisfied with a gameвЂ™s degree of perfection, can it exceed usersвЂ™ expectations,вЂќ Nexon CEO Lee Jung-hun said during the companyвЂ™s media showcase for its new projects in August last year. The game publisher in the meanwhile has focused on securing top game developers to quickly meet market demand. Having become the first in the local game industry to record annual sales of more than 3 trillion won ($2.52 billion) in 2020, Nexon has seen steady revenue with live games, including Sudden Attack and MapleStory, and mobile games such as V4 and Blue Archive. 3 it will launch a wide range of new games this year, such as Dungeon and Fighter Mobile, Project D and KartRider: Drift, as well as massively multiplayer online role-playing, third-person shooter, action role-playing and racing games. Nexon CEO Lee Jung-hun attends the Nexon New Projects media showcase in August 2021.

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