It looks like Google intends to invest heavily in the South Korean Internet market in the coming months. It is reported that Google is highly interested in the acquisition of South Korea's second-largest search engine Daum and developing partnerships with some of the world's leading technology firms based in Korea.

Google's Chairman Eric Schmidt visited South Korea last week to speak with various technology companies including Samsung, LG and Korean telecoms operators SK Telecom and KT as well as representatives from the two largest local search engines Naver and Daum.