Daum is an international IT firm based in Korea, primarily known for its web portal services. Unlike its competitors that are typically located in metropolitan areas, Daum has been planning to relocate its operation to an undeveloped site within Jeju Province (an autonomous island situated off of the southern coast of Korea) for the past 8 years. Largely known as a major tourism hub, Jeju Province has been encouraging the implementation of other industries in the recent years, one of which is the development of the island’s technology-based industrial complex.
Further Reading: Domus June 2012