Microsoft plans to make a $147 million investment in South Korean technology and education, with a big part of that sum targeting the video game industry. According to Gamasutra, Microsoft has slated $23 million to help train South Korean game designers, artists and programmers. Including the Korean government's contribution, a total of $313 million will be spent to boost the pool of qualified game makers. In partnership with the Korea Game Industry Agency (KOGIA), the program hopes to graduate 1,000 developers over the next three years.
Also part of the deal is a collaboration with Hyundai to develop a new in-dash music and "entertainment system" for automobiles. According to AFP, Microsoft Chairman Bill Gates told reporters that "another new development is a games development center to take some unique work here and adopt it to the [Xbox] 360 global market."
[via Gamasutra]