Google Officially Opened Its Startup Campus in South Korea
On Friday, Google officially opened its start-up "campus" in Seoul which is the first in Asia. This will, in a way answer the ambitions of South Korea to become a regional center for a new line of technology entrepreneurs.
The campus was opened by President Park Geun-Hye. The newly started campus in Seoul is located in the Gangnam district of the capital. The upcoming region is becoming the centre of start-up community in Korea.
The campus has lot to offer as it provides space for people to work and network and also offers training as well as mentoring by expert and experienced Google teams and entrepreneurs. It also provides access to various other start-up communities based in Asia and overseas.
Jeffrey Lim, head of operations in the Seoul Campus said, "We feel we're at a tipping point where Korean start-ups will begin going global."
Although the tech community in South Korea is hard working and meticulous and have some of the fastest broadband speeds in the world along with highest rate of penetration of smartphones, yet Korean firms and some domestic start-ups have been struggling to showcase their products in the overseas market for different reasons. Lack of funding and expertise, strict government rules and overbearing interference are some of the reasons that have come in the way of progress in this quarter.
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