April 22, 1999 in Social Responsibility News

Housing Development Group to Open the World's First Multi-media Town

The Housing Development Group will open the world's first Multi-Media town equipped with high- speed internet network and visual telephone.
Starting with the Oksu-dong and Donam-dong Samsung Apartment, where residents will start coming in starting late April, the Housing Development Group will tie knots with Hanaro telecommunications and install high-speed internet network and visual telephones at the co-operatives and the 2,392 houses for a promising HIGH-TECHNOLGY society in the future.

Following the Oksu and Donam-dong apartment, the Housing Development Group will install the internet network and the visual telephones at the Samsung apartments in Seoul making this multi- media town into a major cyber brand as Samsung Cyber Apartment.

The residents for Samsung Apartment will be granted the high-speed internet network, visual telephone worth of $600, free usage of internet telecommunication facility worth $100-500, arrangement for the building of the apartment's own homepage. Needless to say, they will benefit from the rise in real-estate prices.

This project was designed reflecting the boom of the current internet-related commerce transactions. Consumers are now asking for apartments equipped with multi-media and access to the internet. Answering the changing needs of consumers will place the Samsung Apartment securely at the forefront of "cyber apartments" for the future multi-media tele-society.


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