Your South Korea call forwarding service provider grants you a toll number with extensions that come for free.

Any customers based in Korea can call your South Korean call forwarding number at local rates and this will undoubtedly make your business presence in South Korea more prominent while also enhancing your reputation; eliminate communication barriers between you and your existing and prospective clients and spare you the hassles of down-time issues through failover and redundancy.

It goes without saying that since the late nineties, South Korea has truly made its presence felt as a major economic power with its significant shift to high-technology industries. These include automobiles, shipbuilding, mining, construction, and armaments.

Since 1989, moreover, the country has concentrated more on the development of new materials, industrial robotics, microelectronics, bioengineering, aerospace, and fine chemistry. Its significant exports of electronics, ships, textiles, finished steel and automobiles have truly and firmly placed it on the global trade map as a major player.

What’s more today South Korea is acknowledged as the most prominent launch pad of a very mature mobile market with minimal technology constraints. The trend of inventing new apps or media types and maximum utilization of 4 & 5G internet infrastructures is ever growing in the country. Thus, there are grand business opportunities in South Korea and foreign investment is always welcome.

The customer base, too, is encouraging here. This opens up ample business opportunities in the region for outsiders particularly to flourish with the support of efficient and tremendous telephony systems where the South Korea call forwarding service has a crucial role to play.

The South Korean Economy: An Overview

South Korea’s economy is currently the 4th largest in Asia and 11th largest globally. It’s a mixed economy comprising chaebols or family-owned conglomerates, small private players and also global multinationals that function there. It was considered at one time to be one of the world’s poorest countries that metamorphosed into a highly developed country in the span of one generation only.

This was called the Han River Miracle and today South Korea ranks among the elite OECD and G-20 countries. It not only survived the Great Recession but went on to become one of the few fastest growing countries in its aftermath. In fact, it’s predicted that mid-21st century, South Korea as a member of the Next Eleven countries group shall dominate the world economy.

This has been largely due to the highly developed and rigorous South Korean education system which has led to the creation of a highly educated and extremely motivated populace.

This is despite the country’s severe lack of natural resources coupled with the problem of overpopulation which led to the formation of a consumer market that was largely internal. This fueled the South Korean government to adopt a focused export-oriented economic strategy in order to boost up its economy. It is currently the world’s 7th largest exporter and importer.

Following the Asian meltdown in 1997, the IMF bailed out the country and massive restructuring was done based on the then President Kim Dae Jung’s economic policy. Heavy subsidies were granted to speed up new technology adoption which ultimately put the South Korean economy on the fast, if not the fastest track. Growth was particularly noted in the ICT industry which concentrated mostly on hardware and expanding the wireless and wired telecommunication network.

Today South Korea truly leads in the spheres of consumer electronics, smartphones and mobile broadband. Moreover, South Korea is also predicted to soon outshine Japan as the No 1 LCD TV producer in the world. The ICT Development Index had rated the South Korean economy No.1 globally in 2015 as did the BII or Bloomberg Innovation Index.

How Does South Korea Call Forwarding Work?

Let’s take for instance, a businessman in India who has customers in South Korea. It would be very expensive for his South Korean clients and business associates to call him in India. So if he sets up a South Korea call forwarding service, he gets a toll free number in South Korea. His service provider forwards phone calls from Korea to his Indian office at no cost to his clients or customers.

He also gets the additional benefit of forwarding his calls to his SIP mobile, phone or landline. Also, since he has unlimited extensions, all his employees get to receive calls in a specific order. Even after office hours in India, the businessman can use the service provider’s Time-of-Day Routing feature that automatically forwards all calls to his personal cell phone.

Thus a fantastic business opportunity is never missed and his business grows as a result. He also gets an auto-attendant feature which gives the caller the impression that he is actually calling a South Korean branch office even though none actually exists.

Reasons to Use South Korea Call Forwarding

Since it is now established that both entrepreneurship and globalization are the principal drivers that make the world a better place, South Korea call forwarding services have empowered entrepreneurs functioning in the world’s most remote corners to get access to a telephonic service that has effectively eliminated distance and made international business calling – hitherto a prohibitively expensive exercise – possible at the cost of a local call.

If you have an iPhone or an Android, you can easily set up a South Korea call forwarding service. You also get the benefits of SIP application and virtual PBX system. Global Call Forwarding will let you have your own South Korea call forwarding numbers even though your business may not be physically present there.