South Koreas Silicon Valley struggles to live up to its global ambitions | TechCrunch

Image for article South Koreas Silicon Valley struggles to live up to its global ambitions | TechCrunch
News Source : TechCrunch

News Summary

  • Pangyo Techno Valley (PTV) is home to more than 1,800 startups, research centers, and global tech firms.
  • The district is just a 15-minute subway ride from Gangnam, better known for its luxury boutiques, K-pop agencies, and neon nightlife.
  • Despite this concentration of tech talent and capital, industry insiders question whether Pangyo truly deserves its Silicon Valley comparison.
  • The bigger question is whether Korean startups, regardless of location, can compete globally.
Just south of Seoul, in the city of Seongnam, sits what many call the Silicon Valley of South Korea the sprawling tech complex known as Pangyo Techno Valley (PTV), which is just a 15minute subway r [+6126 chars]

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