Google, the world's largest Internet firm, will open a new incubator for startups in Seoul called Campus Seoul. It will help strengthen the startup environment and encourage innovation in Korea through Google's resources and programs.
Google announced its plan at a press conference on Thursday in Seoul. Campus Seoul, the first of its kind in Asia, will open early next year in about 2,000 sq.m of space in the affluent Gangnam area.
Google currently runs campuses in London and Tel Aviv.
Google's senior vice president Sundar Pichai said that many of the most creative achievements for the Android platform came from Korea.
"Korean people's talents, imagination and perseverance are the reason for establishing Campus Seoul," Pichai said. "We hope that Campus Seoul will accelerate Korea's emerging startup ecosystem."