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: Netflix branches into films with 'Crouching Tiger' sequel

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

What's PayPal's first solo move?

7 hours ago

PayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new mobile pay challeng ...

AOL to feed more video, news to Microsoft's MSN

11 hours ago

AOL will provide Microsoft's MSN with more video and additional news stories from popular sites such as The Huffington Post and TechCrunch in an expansion of a deal aimed at selling more digital advertising.

Microsoft to tap $2-trillion Indian cloud market

16 hours ago

Microsoft announced plans Tuesday to offer its commercial cloud services from Indian data centres as it seeks to tap what it calls a $2-trillion market in the country where Internet use is growing rapidly.

User comments : 0