Korea is reported to be one of the top 12 economies in the world and the third largest in Asia. Its economic growth during the last two decades has been impressive. Korea is an IT powerhouse and contributes to the world economy through the presence of many well known companies and highly recognized brands that include The Hyundai Group, Samsung and LG.  In addition to the highest broadband Internet penetration rate among OECD nations, Korea leads the world in broadband Internet quality for the second year in a row (2010 Oxford University survey results).