Asia rules - today Korea

Filed in archive Market on August 21, 2006

Ok - it's not a complete view over Asia and Korea but short and insightful. Not a week ago I blogged elsewhere about the fact that China Mobile is the biggest mobile company in the world (Vodafone is Nr. 2 now) and that means that they have the biggest infrastructure for future mobile applications and wearable is a part of that.

Switch to Korea:

"The government there is supporting efforts to launch a range of digital clothes by the end of the year. It wants the country to take a stand as the world's leading exporter of smart clothes. The government estimates the global market could be worth $7 million by 2014, and is aiming to grab 20 per cent of that."

Pretty cool is that fact that the government understood that the development of wearable fashion will be guided by the market only. The government role is to "offsetting this risk" not more.

via Macworld UK

Picture: South Korea, Seoul, Downtown