Two items in Finance Asia's A Week in Tech caught my eye as particulalry important signals for the West and countries such as Australia.
In Korea The Ministry of Information and Communication (MIC) revealed its grand plan to construct a "mobile paradise,'' a special district, where people will be able to enjoy a seamless service from the world's latest wireless technologies next year.
Dubbed the M1 (Mobile No. 1) project, the special district is kind of a free technology zone that will create a new mobile environment and be the testing area for up-and-coming wireless platforms. Included in the available techniques will be all mobile broadcasting systems like DVB-H developed by Nokia, Qualcomm's MediaFlo and the home-grown digital multimedia broadcasting.
The place will allow individuals to use for free every next-generation telecom platform such as time division-synchronous code division multiple access (TD-SCDMA), WiBro and a global system for mobile communications (GSM). Under the programme, MIC said it aims a 100-percent mobile literacy here as well as substantially expanding the country's presence in the global market.
An MIC official said the new project is looking to come up with products worth W576 trillion ($591.6 billion) by 2010 and create additional value of W266 trillion ($273.2 billion) within the same period.
That's an astounding objective, but such objectives have been set by Korea and the MIC before, and met. Korea has developed major planks of its economy around such bold moves and it looks like the pace is excellerating, leaving in the dust countries where IT and telecommunications rank low on the political agenda.
China is on the same path with software, as we have mentioned before, and Finance Asia reports:
With software companies in China’s Henan province accumulating nearly Rmb5 billion ($621.1 million) in sales revenues during the past five years, observers are saying the software industry in the area has become one of the fastest-growing industries in the country. Observers also say the industry exhibits the most potential. From 2000 to 2005, the software industry in the province posted an average of 50 percent growth in sales revenue every year. The province has four software parks, and serves as host to more than 400 software developers. Henan province said it aims for targeted sales revenue of Rmb20 billion for its software industry in 2010.
This is also the tip of the iceberg as China sets itself on a path to chase and pass Indian in software development and services.
What's your view of Asia's potential dominance in mobile and software development? Post your Comments. How can I help? 
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