The Footsteps of Korean IT Industry: Past, Present, and Future

The Footsteps of Korean IT Industry: Past, Present, and Future



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Mr. Von-Kyoung Kim started his career as a flash memory chip design engineer at Samsung Electronics in 1989. He has been involved in multiple generations of microprocessor (Ultra-SPARC) development after joining Sun Microsystems in 1997. He is currently a senior hardware manager at Oracle, developing next generation microprocessors for Oracle database servers. Mr. Kim holds a B.S. in physics/computer science from Sogang University in Seoul, Korea and a Ph.D. in electrical engineering from Colorado State University in Fort Collins, CO.

Mr. Von-Kyoung Kim delivered a special lecture on the evolution of IT technology, and the rapid growth of the Korean IT industry. Mr. Kim gave a brief history of the evolution of IT technology and the amazing pace at which it has occurred. One statistic he shared is the fact that in 1971, the speed on the first Intel chip was .71 MHz, whereas in 2009 the speed is now at 5,000 MHz. Mr. Kim pointed out that during the 1990’s Japan had the most successful IT companies, whereas in the 2000s, the United States lead the way. Mr. Kim also focused on the future of IT technology by touching on advances such as the rapid growth of the mobile device, cloud computing, and ubiquitous networking. Turning his focus to the rise of the Korean IT industry, Mr. Kim highlighted the fact that the Korean economy had to be completely rebuilt after the Korean War. In fact, Korea’s GDP in 1960 was only 15 billion dollars, whereas in 2010 it is close to1.56 trillion dollars (ranking Korea the 12th highest GDP in the world) thanks in large part to Korea's IT industry. Mr. Kim also stressed several factors that led Korea to become such an IT hot bed. One is the fact that Korea is an ideal IT test bed, because of its tech savvy people who are willing and able to buy new products/gadget. Another reason is due to Korea’s high internet and mobile service penetration. And the final tow factors that contributed to Korea IT growth was its high population cluster and its now very large economy.

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The Footsteps of Korean IT Industry: Past, Present, and Future