Monday, April 14, 2008

[ News, Science / Tech, March 26 2008] German software maker to open R&D Center in Korea

German-based SAP, a world leader in business software, has decided to establish an R&D (Research & Development) center in Korea, becoming the first international company to open such a facility in Korea since President Lee Myung-bak took office on Feb. 25.

The Ministry of Knowledge Economy and the Korea Trade-Investment Promotion Agency (KOTRA) sealed a deal in Seoul on Mar. 25 on establishing the SAP Korea R&D Center.

At the signing ceremony, Shang-Ling Jui, president of SAP Korea R&D Center, said that the decision comes as SAP believes that Korea has outstanding human resources and the potential to be the leader in business software.

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