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BEIJING, Nov 8, 2011 - (ACN Newswire) - According to the recent research of Ethernetserveradapter.com, Google intends to invest heavily in South Korean Internet market. It is reported that Google is interested in the acquisition of South Korea's second-largest search engine Daum.
Ethernetserveradapter.com (http://www.ethernetserveradapter.com/products.html) reports that Google's Chairman Eric Schmidt visited South Korea. Google's desire to acquire Daum becomes stronger and stronger. In the earlier of this year, Daum filed antitrust charges against Google. Since Google entered the Korean search market in 2004, its market share has been lagging behind the market share of Daum and the market leader Naver.
Ethernetserveradapter.com points out that during the period that Schmidt visited South Korea, in addition to talking about the potential merger and acquisition, he also met with many executives of South Korea's Internet, mobile and technology companies, dedicating to investing in many areas of South Korea.
The analysts of Ethernetserveradapter.com analyze that Mobile is a focus of Schmidt's trip. Google said that during Schmidt's visit to South Korea, he promoted the Android operating system. In South Korea, about 40% of the population has a smart phone. The Android operating system has developed rapidly in Korea.
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Email: my@ethernetserveradapter.com
Topic: Press release summary
Source: Ethernetserveradapter.com
Sectors: Daily Finance, IT Individual
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From the Asia Corporate News Network
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