NHN Spins Off Divisions:
Thirteen years after it came on the scene, Next Human Network Corp. (NHN) has been in the process of spinning off its online gaming and online portal businesses since the beginning of the month. The Hangame division now operates as NHN Entertainment Co., while the Naver search division has been renamed Naver Corp. The break up into separate entities was seen as the best strategy to execute more quickly and efficiently on opportunities in the burgeoning global mobile segment – of which Europe, India and the Latin America have been identified as markets for expansion outside Northeast Asia. Content development will be a primary focus for NHN Ent. moving forward, with an emphasis on mobile and online games.
