Google Search For Possible Technology Tie-ups In Singapore

Google's CEO, Mr Eric Schmidt, was in the Singapore late Dec 2007, to explore possible technology collaboration.Speaking to The Straits Times at Google's office at One Raffles Quay, Mr Schmidt, 52, said Singapore's importance had grown from being a hub of the world's shipping lanes, and the Internet, too, needs such hubs. Singapore could be such an exchange point for networks, allowing data to be redirected from one point to another.With the iN2015 infocomm master plan unveiled last year, it painted a vision to connect an islandwide ultra-fast broadband network.It is these speedy networks that have piqued Google's interest.Google opened its South-east Asian office in Singapore in May 2007, to handle its online advertising business in the region. HQ in Mountain View, California, the company derives its revenue from two sources : search services and online advertising.With searches on Google hit 3.6 billion, up 40% from a year earlier, with a strong high growth in Asian countries. we definitely can expect a more aggressive Google's presence