Google to set up YouTube channel for Korean pop

Nov 07, 2011
Google executive chairman Eric Schmidt agreed Monday to set up a YouTube channel exclusively for South Korean pop music, as he began a visit aimed at expanding his company's presence in the country.

Google executive chairman Eric Schmidt agreed Monday to set up a YouTube channel exclusively for South Korean pop music, as he began a visit aimed at expanding his company's presence in the country.

The pledge came when Schmidt met President Lee Myung-Bak, Lee's office said.

Schmidt agreed to bolster the overseas popularity of South Korean pop by establishing a YouTube channel and also pledged to support Internet start-up firms in South Korea, the office said in a statement.

Lee called for active cooperation between Google and South Korean firms while Schmidt stressed the importance of "an open and global-oriented attitude" in developing the Internet market, the statement said.

Schmidt arrived earlier in the day for talks with local telecommunications and electronics firms, including KT and , as well as the head of the watchdog Korea Communications Commission.

South Korea's uses Google's Android operating system for its popular Galaxy smartphone series.

The US giant has a 15 percent share of the domestic mobile search market, the third largest after NHN's Naver and Daum, according to research data released in July.

But its share of South Korea's entire Internet only accounted for 2.4 percent.

Explore further: Out-of-patience investors sell off Amazon

add to favorites email to friend print save as pdf

Related Stories

Google accused of unfair trade in S. Korea

Apr 15, 2011

South Korea's top two Internet companies filed complaints with the antitrust watchdog Friday over Google's alleged practice of stifling competition in the local mobile phone search market.

S.Korean firm launches fightback against iPhone

Jan 14, 2010

South Korea's top mobile carrier SK Telecom Thursday announced an aggressive plan to reinforce its smartphone line-up after its market share was eroded by Apple's top selling iPhone.

South Korean regulators give go-ahead to iPhone 4

Aug 03, 2010

Regulators Tuesday authorised the sale of Apple's iPhone 4 in the lucrative South Korean market, after the firm's decision last month to delay sales in the country upset consumers.

Recommended for you

Out-of-patience investors sell off Amazon

20 hours ago

Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand ...

States ascend into the cloud

Oct 24, 2014

Seven years ago, the state of Delaware started moving computer servers out of closets and from under workers' desks to create a consolidated data center and a virtual computing climate.

Microsoft drops Nokia name from smartphones

Oct 24, 2014

Microsoft said Friday it was dropping the Nokia name from its Lumia smartphones, rebranding following the acquisition earlier this year of the Finnish group's handset division.

Amazon's loss makes holidays a question mark

Oct 24, 2014

Amazon's trademark smile icon is becoming more of a grimace. The world's largest online retailer reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast.

User comments : 0