Cloud computing—South Korea—Q&A guide

The following TMT practice note provides comprehensive and up to date legal information covering:

  • Cloud computing—South Korea—Q&A guide
  • 1. What kinds of cloud computing transactions take place in your jurisdiction?
  • 2. Who are the global international cloud providers active in your jurisdiction?
  • 3. Name the local cloud providers established and active in your jurisdiction. What cloud services do they provide?
  • 4. How well established is cloud computing? What is the size of the cloud computing market in your jurisdiction?
  • 5. Are data and studies on the impact of cloud computing in your jurisdiction publicly available?
  • 6. Does government policy encourage the development of your jurisdiction as a cloud computing centre for the domestic market or to provide cloud services to foreign customers?
  • 7. Are there fiscal or customs incentives, development grants or other government incentives to promote cloud computing operations in your jurisdiction?
  • 8. Is cloud computing specifically recognised and provided for in your legal system? If so, how?
  • 9. Does legislation or regulation directly and specifically prohibit, restrict or otherwise govern cloud computing, in or outside your jurisdiction?
  • More...

Cloud computing—South Korea—Q&A guide

This Practice Note contains a jurisdiction-specific Q&A guide to cloud computing in South Korea published as part of the Lexology Getting the Deal Through series by Law Business Research (published: September 2020).

Authors: LAB Partners—Seungmin Jung; Young-Hee Jo; Youngju Kim

1. What kinds of cloud computing transactions take place in your jurisdiction?

A comprehensive variety of cloud computing services are being provided, and being adopted by, companies in Korea. Public, hybrid and private cloud models are all provided by cloud service providers. Cloud service users use cloud computing services in the form of software-as-a-service (SaaS), infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) or for mere storage, based on the particular user’s needs. Cloud computing is in the process of being adopted in various sectors such as healthcare, finance and information communications technology. In particular, cloud computing has been widely adopted in the online gaming industry.

2. Who are the global international cloud providers active in your jurisdiction?

In general, most large global cloud service providers are active in Korea. Notably, Amazon Web Services, Microsoft Azure, Google Cloud, IBM Cloud, Oracle Cloud, HP Cloud, Akamai, Servicenow, Equinix and Rackspace have a presence in Korea.   

3. Name the local cloud providers established and active in your jurisdiction. What cloud services do they provide?

There are numerous cloud computing service providers in Korea. The largest domestic cloud service providers are established companies in the

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