IMS Research Expands into Korea

Austin, TX (4 November 2010) – As part of its strategy to provide an analyst and sales presence in all key global markets, IMS Research announced today that it has opened an office in Seoul, South Korea.

Commenting on the reasons behind this expansion, IMS Research’s President, Ian Weightman, stated: ”We are continuing to expand our coverage of markets such as LEDs, Displays, Consumer Electronics, Semiconductors and PV, and an analyst presence in Korea is vital to ensure we have a deep understanding of the dynamics that will drive these markets. In addition, having a direct sales presence in Seoul will enable us to serve our Korean clients better.”

The Korean operation is headed by Harry (Sung Dong) Cho, who has significant industry experience through his previous positions as VP of Sales and Marketing at Indilinx in Korea, VP of the Multimedia Division of PQI in Taiwan, and in engineering, marketing and sales positions at Samsung Semiconductor.

The analyst team is bolstered by the addition of Dkins (Dae Kwon) Cho, who has joined IMS Research as a Senior Analyst for LEDs and Displays. He was previously Director of LED Sales at Dominant Semiconductors Korea, and has also held engineering and sales positions at LG International and LG Semicon.   

IMS Research is planning to further expand its presence in Asia, as Weightman explains: “In addition to our European and US operations, we now have analyst teams in China, Korea and Taiwan. Our next step will be to enhance our presence in Japan by opening offices in Tokyo. This will enable us to better support our local clients, and improve our research and analysis of markets such as TVs, displays, LEDs, semiconductors, PV, automotive electronics and industrial automation.”

 

About IMS Research

 

IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry. It offers syndicated market studies, custom research and consultancy services to help its clients better understand markets and shape strategies. The company was founded in 1989, and now has over 100 analysts worldwide with clients in over 50 countries. www.imsresearch.com

 

PRESS CONTACTS:

 

Harry Cho, Director of Korean Operations

Stacy Hackenberg, Press Manager

IMS Research Korea

IMS Research USA

Tel: +82 70 8661 2035

Tel: +1 512 302 1977

Harry.Cho@imsresearch.com

Stacy.Hackenberg@imsresearch-usa.com

www.imsresearch.com

www.imsresearch.com