SEOUL, South Korea Google Inc. said Tuesday (Oct. 10) it will set up an R&D center here.
The search engine giant signed an agreement with the Ministry of Commerce, Industry and Energy and a state-run trade promotion agency to establishing the R&D center.
"We made a decision to commit significant amounts of investment to Korea because we believe there are high-growth market potential," said Alan Eustace, senior vice president of Google's engineering division.
Google has been engaged in talks with No. 1 wireless carrier SK Telecom to jointly launch mobile search services. "Google's R&D center in Korea enables us to recruit local computer scientists," Eustace said.
Google engineers at the new R&D center will focus on research, project conception, implementation and deployment, the company said in a statement.
Google officials declined to elaborate on R&D center projects or investment levels, but local news reports said it will invest at least $10 million in the center over the next two years.