||A Study on competitiveness of the Korean IT industry compared with China and new strategies
The rapid growth of the Chinese information technology (IT) industry has brought about various influences including offering certain opportunities
as well as being a major threat to Korea. China,the so-called black hole of major factories in the world s manufacturing sector, is slowly but surely
pushing Korea against a corner and causing concern for the future of Korea s economic progress. Due to recent efforts by the Chinese government to promote high technology industries, especially in terms of the IT industry, competition in the IT industry between Korea and China has noticeably intensified. China s limitless potential is becoming more attractive as it has the capacity to become
the largest consumer market in the world. This article aims to compare Korea s competitiveness in the IT industry with China as well as to predict the future relationship with China in the global arena. Furthermore, a proposal to cooperate with China to sustain the growth of the Korean IT industry will be discussed.