Author: MGSN
As noted in Part 1 of this series, opportunities exist in the East Asian tech sector for Startups that are able to develop a business model that can address the market needs of the region. In Part 1 of this series, MGSN focused on the market needs of South Korean industries to expand into new markets. The high development cost of the Korean Tech sector and the contracting population presents a significant market stress point. The market need is underscored by the government’s recognition that the business development policy with Africa has been ignored for too long and it is…
East Asia has always been an epicenter for tech. Taipei dominates the globe in the production of the highest-tech silicon chips. South Korea is a global leader in manufacturing tech. Japan is develops innovative Fin-tech solutions.Despite the development of high tech societies, there are significant challenges to these East Asian countries. The aging population and restrictive immigration policies have created market stress points that could undermine the economic vitality of these societies.The highly developed service and product lines that are produced in this vital region will need new consumer bases.Recognizing the need to expand it’s consumer base beyond it’s borders,…
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