To develop major domestic network equipment makers into giants such as Cisco or Huawei, Korea's government plans to fully support local network suppliers with an investment of 250 billion won in the nation's network equipment industry by 2015.
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Korea's research and development (R&D) investment ranked as the fourth largest among member nations of the Organization for Economic Cooperation and Development (OECD) countries following Sweden, Finland and Japan as of 2008.
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The Korean government said it would introduce the so-called "Smart Work" system, which permits anyone to work anytime and anywhere by using the Internet and smart phones. The new system would be expected to make an environment of "working without going to work" for 30 percent each of the public and private sectors by 2015.
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