Home Corporate Affairs The Domestic and Global Outlook for Korean Telecommunications
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The Domestic and Global Outlook for Korean Telecommunications |
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An expert panel made up of business executives and consultants versed in the technology industry was convened for an afternoon forum devoted to a comprehensive assessment of South Korea's ability to retain its role as a global IT leader. The presenters were: Gihong Kim, president and CEO, Dari Networks, Inc.; Allen H. Kupetz, president, Kpartnerz, Inc.; Sung Lee, CEO and managing partner, The Research Associates; and Raymond Kang, CEO and founder, Prodigy Venture, LLC. In their remarks, all of the panelists stressed that telecommunications and the broader IT industry will continue to drive economic growth and technical innovation in South Korea. Overall, they agreed, South Korea has played the global IT game well thus far by concentrating on R&D, testing the viability of new technology in its sophisticated local market, and staying ahead of the efficiency curve while developing overseas markets. If Korea is to stay on top of the competition, however, they cautioned that the country must remain alert to the trends taking shape in communication technologies, consumer behavior and the IT industry itself. In this context, they alluded to several technologies that may become new media with the potential to transform the IT landscape, and underscored the importance of trying to predict the degree to which these new media will influence consumers and particularly their buying habits.
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