Outnumbered Korea investment Company analysis Why "TERA" difficult to enemy NC

(Compile/Small hee) in NHN new Tour "TERA" to achieve unprecedented success, people are in discussion, as the South Korean MMORPG eldest brother NCsoft will be nhn over.　　However, recently NCsoft openly through the media to NHN and "TERA" congratulation, blessing events let us see, eldest brother still eldest brother.　　South Korean securities investment giant KTB company recently released data show, in the "TERA" after the 4th, NCsoft shares plunged 15%, but it is such a plunge in the stock, is still recommended by the investment company as a convertible stock, and the level is fervent buy. With the "TERA" of the public test, NCsoft and NHN between the business drama also opened the curtain, the current "TERA" and "Eternal Tower" alternately become the champion of South Korean internet cafes online games.　　But KTB professional analysis seems to NHN recent outstanding not Buy, and with 3 points strong analysis and strive to NCsoft is still the industry first. No.1 outnumbered 3VS1 situation gradually established the first reason is seen as the specific performance of outnumbered, many players and media eyes only locked in the "Eternal Tower" and "TERA" of the powerful war, but many people ignore such a problem, NCsoft only "Eternal Tower" Mody? No, NC hands also hold "Paradise" Series 2 works, these 2 works are still ranked in the top 10 of the Korean tour, and the opposite view NHN?　　In recent years, the game has been hyped a weak state, the best example for the South Korean president won the "C9", at present, in addition to the "TERA", and only "TERA" ...　　Although 11th after the public test "TERA" successfully robbed NCsoft ranked top two games "Eternal Tower" and "paradise" nearly 9% of the market, but many people did not see for NC profit the third "Paradise 2" but a strong increase of 19.3% market share. KTB believes that while the "TERA" at the top of the weekend and the number of online more than 200,000, for NCsoft may be a fatal market impact, but the highest simultaneously online and total online time, compared to a for-profit company, the latter may be more affordable.　　NCsoft three brothers (its three major profit games) the total online time is far more than the "TERA". In addition, KTB that the data of Internet cafes can not represent the entire market, South Korea belongs to the most developed countries in the Internet, many users choose to play at home, and internet cafes mainly attract students mainly, coupled with the current "TERA" belongs to the free stage, so in the long run, "TERA"　　May not help NHN turn over NCsoft. "TERA" after the public test, has been with the "Eternal Tower" in the state of mutual rivalry No.2 NCsoft stamina full second reason, of course, to belong to the ncsoft of its own research and development capabilities, "Jian Ling", "Guild Wars 2" through the "TERA" test water, basic indeedSet a general picture of the market in which it will be pursued.　　And through the "TERA" of the test water, NCsoft will certainly study the acquisition and loss, on the "Jian Ling" and "Guild Wars 2" research and development is undoubtedly positive news.　　In addition, the potential growth of the Korean market has also indicated that the ncsoft of the two expected to be listed on the occasion of the popularity will not hoe "TERA." On the NHN side, the absence of a masterpiece after TERA may last a long time.　　Once the NCsoft two games online, it is likely to present five NC game encirclement "TERA" situation, coupled with XL games "ancient times" may have been operating, "TERA" to NHN contribution to the market to further verify. No.3 overseas market Returns NHN "TERA" in the Japanese operating agreement stipulates that the "TERA" daily service copyright NHN all, the Japanese market operating profit of 50% to the NHN party.　　and NCsoft current new situation for both parties to share income, the way of copyright is also the way of overseas operations to sell to overseas agents, from royalties to profit distribution, NCsoft do is a step in chess.　　08 "Tower of the Eternal" after the public test of the basic no one can be the enemy in addition, KTB analysis of "sword" is very likely in the first half of this year to carry out a test, and in the year or early next year to test, which for the "TERA" is not a small blow. Throughout the situation, although the player has been comparing the "Eternal Tower" and "TERA" good and bad, but a company operating the game is to profit, a weak NHN if you want to overthrow NCsoft to Korea MMORPG market for 10 years of rule, the road is long.