This will be the first time Hwang will publicly announce a sequel. The filmmaker once revealed in an exclusive interview with Variety that he had no developed plans for a second season.

"I don't have well-developed plans for Squid Game 2. It is quite tiring just thinking about it. But if I were to do it, I would certainly not do it alone. I'd consider using a writers room and would want multiple experienced directors.

"It took me six months to write and rewrite the first two episodes. Then I consulted verbally with friends, and picked up clues for improvements through my own pitching and from their responses."

The nine-episode thriller series directed by Hwang premiered to instant acclaim on September 17. In weeks, it had shattered a momentous record as the most watched series in Nefflix history with over 100 million worldwide views.