Friday, May 16, 2008

[The Chosun Ilbo, May 7 2008] Lee, Gates Agree to Cooperate in IT

President Lee Myung-bak and Microsoft chairman Bill Gates agreed to strengthen global cooperation in information technology on Tuesday. In a meeting at Cheong Wa Dae, Gates accepted Lee’s proposal to become a global advisor to the president. Gates said Korea was an “important partner” for Microsoft’s global software business, adding his company will continue to strengthen its partnership with the Korean government and companies to generate W7 trillion (US$1=W1,015) worth of economic effects. Gates promised Microsoft will invest US$147 million in Korea in the automotive sector, information technology, games, and education over the next five years.

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