10.12.05
Globalization
As a native Chinese, I love globalization and impact of that in Asia Pacific. Some of the technology advancements are amazing to look at. For example, South Korea is one of the leaders in broadband usage. In a country of 48 million people, there are 12 million broadband lines that pump data between 20 to 400 times faster than the old trusted 56K dial-up telephone lines. Of the nearly 16 million Korean households, 78 percent now have a broadband connection, which is more than four times the home broadband penetration rate of North America. China also expects 200 million Internet users by 2005, and majority of these people will be on high speed Internet. What this means is that digital entertainment, online gaming, digital TV, voice/video/data integration are all reality in Asia market, but not possible in the US because of current last mile rollout issue. Also, the advancement in wireless technology and functionality of cellphone handset is at least a generation ahead of US.
