Story Published:
May 25, 2006 at 5:50 AM PST
Story Updated:
Aug 31, 2006 at 7:26 AM PST
SEOUL, SOUTH KOREA - Microsoft Corp. says it plans to
expand investments and projects in South Korea, expressing
confidence in the future of the high-tech country even as it
presses ahead with a legal challenge over an antitrust ruling.
The software giant said Thursday it is investing a total of $60
million over three years to promote innovation in information
technology, Chief Executive Steve Ballmer said.
South Korea is "one of the two or three leading digital
economies in the world," Ballmer said in a speech to Seoul Digital
Forum 2006, a three-day gathering of leading industry figures.
"Microsoft is very committed to really helping enable growth in
this market."
Ballmer said the investment includes "innovation that's
designed to help over 60 Korean software companies thrive not only
here in Korea but in export throughout the world."
Under the plan, the company will invest $30 million to expand an
innovation center to "incubate new products and technology for
export," Microsoft said in a release.
That comes on top of $30 million already put into the project,
Ballmer said at a press conference after the speech.
The expanded investment comes as Microsoft is embroiled in a
dispute with the Korea Fair Trade Commission, which has fined the
software giant $34 million, ruling it abused its dominant market
position by tying certain software to its Windows operating system.
Under the ruling, Microsoft is required to provide two separate
versions of Windows after Aug. 24. One must be stripped of Windows
Media Player and Windows Messenger, and the other must carry links
to Web pages that allow consumers to download competing versions of
such software.
The commission on Monday rejected Microsoft's appeal to
reconsider the ruling. The company has also lodged a separate
appeal with the Seoul High Court, where no decision has been
reached.
"Our case is obviously at this stage in the Korean legal
system, which we respect," Ballmer said. "It'll work its way
through that system."
Microsoft also said it would collaborate with South Korea's
Ministry of Education in areas including curriculum development and
teacher training. Microsoft said it also plans to expand technology
education for senior citizens.
Separately, the company said it would cooperate with Samsung
Corp., the country's largest conglomerate, in developing strategies
for integrating digital products onto a single platform in new
apartments Samsung will construct.