When it comes to development, South Korea has set a glowing example to the world of what a country can achieve irrespective of its circumstances. From being a Japanese colony, to being a battleground to being one of the top countries in the world known for its information and communication technology, South Korea has come a long way.
Heard of Samsung and LG? Not only leading the South Korean market, these tech companies are world class leader in ICT technologies. Moreover, the country has presented an ambition to be a global contender in AI technologies and advanced steps, that intertwined the government public sector, have been taken such as investment on AI engineering courses and schools and motivating innovation through advanced R&D.
This advancement has made many Information and Communication Technology companies to outsource their infrastructure management to Oxtrys. This helps giant organizations focus solely on their next phase of technological research, development and advancement without worrying about the infrastructure part of the technology.
The leading industries in South Korea are steel, car manufacturing, shipbuilding, electronics and above all, South Korea is known for producing semiconductors. The world’s largest producer. Seeing the graph of popular industries or occupation and combining them with the fast paced development in the field of AI, it isn’t needlessly concluded that South Korea is well on its way to achieve its ambition.
See the bare facts; Samsung is the leading Korean mobile company is one of the two giants in its field (the other being obviously Apple). The other matters are that of the country’s leading sectors being in line with modern demands like electronics and manufacturing. Add to that the internet availability and quality is next to none; the highest broadband services per capita worldwide. Overall, when accounting for the central source of income in South Korea, every facet of ICT sector stands out.
The stats say that South Korea has the 4th largest GDP in Asia and 11th largest in the world. A country with the right strategy and will to achieve their goal can surpass any developed country. The growth in the country has been astounding considering that they rose above from being a Japanese colony to being and agriculture dominant country to being a technologically recognized nation. The country has gained a stronghold in the world’s electronics market which will be a significant mark on the world map in terms of technological power.