Global data center company Equinix is going to establish International Business Exchange (IBX) data center (SL1) in South Korea in the third quarter of this year. Equinix held a press conference at Park Hyatt in Samseong-dong, Seoul on Jan. 23 and announced its strategy to enter South Korean markets.
SL1 IBX data center to be established by Equinix will be located inside Samsung SDS-owned data center building located in Sangam Digital Media City. Equinix provides interconnection and co-location services to support companies' digital transformation and cloud adoption.
Equinix operates 200 data centers in 52 cities in 24 countries. It provides data center and interconnection services to more than 9,800 global businesses. It also offers more than 1,800 networks, over 2,900 cloud services, IT and system integration services.
Equinix has been researching markets by opening an office in South Korea in 2014 and is planning to enter South Korean markets in earnest by establishing a data center in the third quarter of this year.
"Equinix's business expansion in South Korean is significant as it coincides with the launch of 5G network that will be introduced nationwide in March this year," said Samuel Lee, CEO of the company in the Asia-Pacific region.
"Based on experiences that Samsung SDS has worked with Equinix in global markets so far, we expect that South Korean businesses will have positive effects by closely interacting with global markets through Equinix's entry into South Korea," said Keum Ki-ho, director of cloud services for Samsung SDS.