Tuesday, December 11, 2007

[The Chosun Ilbo, November 29 2007] Copycats Hollowing Out Korea’s Internet Industry

What took a full year to achieve in the past now takes only a month. In the IT era, the 1990s are a long time ago. A memory from that historic time is the rivalry among word processor software developers. Lee Chan-jin, dubbed the "Bill Gates of Korea", made a great success of his Hangul software, and other software makers followed suit to develop word processor software of their own. As a result, domestic and foreign word processor software makers such as Papyrus, Saimdang, AmiPro, Gulsarang, and Arirang -- companies whose names nobody now remembers -- competed fiercely with each other. A few years later, almost all of them were gone. Only Microsoft Word and Hangul managed to survive, and the word processor market ceased to exist.

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Korea has already been overtaken by Japan and other countries in terms of the super-speed Internet infrastructure, which we once took credit for leading. Korean businesses are busy copying other people's ideas instead of developing innovative technologies of their own. It feels like a the death knell of the Korean Internet industry.

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