[Korea.net News, Economy / Industry, February 12 2008] IBM to set up R&D center in Korea: Lee's aide

IBM Chairman & CEO Samuel Palmisano said Tuesday (Feb. 12) that the U.S.-based multinational company will consider setting up a research and development center in Korea’s science business belt to be built by the incoming government.

Palmisano made the remark during his meeting with President-elect Lee Myung-bak at the latter’s office in Seoul, according to Lee’s spokesperson, Joo Ho-young.

"Lee and Palmisano discussed ways to have IBM open a new R&D center in the South Korean science business belt. Lee proposed IBM take advantage of South Korea’s competitive fields and Palmisano reacted favorably," Joo said.