Nexon CEO Joonmo Kwon addresses the issue of low console sales in the Asian region. And no, he's not pointing to piracy as the reason why. Instead, it's got something to do with the Asian taste and preference for games. See what he's got to say after the jump.

Square Enix has released its Q1 financial numbers and sales took a significant dip from last year. Sales in two out of three major markets dropped, while business in all of its portfolios also dipped. Strangely enough, the company showed an increase in profits compared to the same period last year. Details after the jump.

Take-Two Interactive Software, the distributor of Grand Theft Auto 4 (Xbox 360, PlayStation 3) and other games, has given word that it is planning to expand into Asia Pacific markets. The company has tapped an experienced senior executive to help them establish a foothold in Asia. For more information, don't hesitate to click on the "read more" link below.

Anxiously waiting for LucasArts' Star Wars: The Force Unleashed (Xbox 360, PlayStation 3, PlayStation Portable, Wii, DS)? You'll be pleased to know that the game has already been dated and that Spike TV will be showing some exclusive segments on the game. Head on over to the full article for more information

If Reggie Fils-Aime is going to be asked, he'd tell you that the Nintendo Wii is in a good position now to overtake Microsoft's Xbox 360 in total sales in U.S. this coming June.

The statement came out in a recent Bloomberg article about stocks and the feared U.S. economic slowdown. Know more after the jump!

The organizers of the Games Convention Asia (GCA) and Games Convention Asia Conference (GCAC) must be very happy about the success of last year's events. This year's show has already been dated so  those who plan on attending might want to start clearing their schedules. For the venue and dates, head on over to the full article.

If you think you've gotten an eyeful from last year's Ubidays event sponsored by French video game company Ubisoft, then make sure to set your calendars this May 28 and 29 when the Ubidays event makes a comeback. Ubidays 2008 will be held in the heart of Paris' world-famous Louvre museum and will feature some of the biggest titles that the company has to offer gamers in the coming year. For more details, check out the full article!

Here's something to look out for come next year if you fancy imports from Asia. Japan's Rakuten has confirmed that the Karous vertical shooter developed by Milestone Inc. has been dated for a March 27 release next year for the Nintendo Wii. More details on the game follow in the full article.

Feel like making your Wii console stand out even more? Then you should check out this nifty accessory from Japanese video game accessories Hori: the USB Illumination Stand.

This USB-powered stand comes in white or black and sports an added USB port inside the front flap of the base.

For more information on the USB Illumination Stand, read the full article!

Demonstrating the power of their combined strength, Activision has announced that Blizzard will be taking part in Guitar Hero 3's entrance into the Asian market. The call was sent out to allay fears from investors about Activision Blizzard. Read more in the full article.