KOREAN CLUSTER: The company is hoping to capitalize on South Korea's highly wired market, while Seoul wants to attract as many high-tech research labs as it can
AFP , SEOUL
Tuesday, Mar 09, 2004,Page 12
US high-tech giant Intel Corp said yesterday it had agreed to open a research center in South Korea, the world's leading high-speed broadband market.
The agreement was reached at a meeting here between Patrick Gelsinger, Intel's senior vice president and chief technology officer, and Yim Chu-jwan, president of the state-run Electronics and Telecommunications Research Institute, a joint statement said.
It highlights a new push by global high-tech giants into South Korea, which has the world's highest broadband penetration rate at 73 percent and the world's fastest mobile phone network.
IBM Corp, the world's largest computer company, agreed last year to open a research and development center in South Korea to develop software for mobile communications.
http://www.taipeitimes.com/News/worldbiz/archives/2004/03/09/2003101806The Patriotic Repukelican Rats are abandoning America.