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Microsoft to spend 40 pct more in S. Korea for fiscal 2006.

Asia Africa Intelligence Wire

| August 09, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Yonhap)

SEOUL, Aug. 9 (Yonhap) -- Microsoft Corp., the world's largest software company, plans to hike its spending in South Korea by 40 percent for fiscal 2006 to strengthen its presence in Asia's third-largest economy, the head of the company's local subsidiary said Tuesday.

""We will spend 40 percent more for the period to strengthen our marketing power in South Korea,"" said Yoo Jae-sung, president of Microsoft Korea Inc., in a press conference.

Yoo declined to offer more specific details, such as how much the company spent last year.

Yoo, who took over the helm of Microsoft's Korean unit in May, also expects the company's sales …

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