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Entrepreneurship in Suwon

Entrepreneurship in Suwon
Entrepreneurship in Suwon
Dominated by Samsung's massive Digital City campus, Suwon offers founders an environment deeply connected to Korea's largest technology company and broader electronics ecosystem. This Gyeonggi Province city south of Seoul specializes in semiconductor technology, display innovation, and consumer electronics, powered by the presence of Samsung Electronics headquarters and R&D facilities. Entrepreneurs establishing companies in Suwon access extraordinary technical talent with particular depth in hardware and electronics, potential partnership opportunities with Samsung's supplier network, and quality of life balancing urban amenities with costs below Seoul levels. The ecosystem centers around Gyeonggi Center for Creative Economy & Innovation and numerous specialized technology research institutes, with particular strength in technologies complementary to Samsung's product ecosystem. Though less diverse than Seoul's broader innovation landscape, Suwon's concentrated expertise in electronics, display technology, and semiconductor innovation creates unique opportunities for founders developing hardware products, components, or technologies requiring sophisticated integration with consumer electronics ecosystems – potentially benefiting from proximity to one of the world's largest technology companies.
Dominated by Samsung's massive Digital City campus, Suwon offers founders an environment deeply connected to Korea's largest technology company and broader electronics ecosystem. This Gyeonggi Province city south of Seoul specializes in semiconductor technology, display innovation, and consumer electronics, powered by the presence of Samsung Electronics headquarters and R&D facilities. Entrepreneurs establishing companies in Suwon access extraordinary technical talent with particular depth in hardware and electronics, potential partnership opportunities with Samsung's supplier network, and quality of life balancing urban amenities with costs below Seoul levels. The ecosystem centers around Gyeonggi Center for Creative Economy & Innovation and numerous specialized technology research institutes, with particular strength in technologies complementary to Samsung's product ecosystem. Though less diverse than Seoul's broader innovation landscape, Suwon's concentrated expertise in electronics, display technology, and semiconductor innovation creates unique opportunities for founders developing hardware products, components, or technologies requiring sophisticated integration with consumer electronics ecosystems – potentially benefiting from proximity to one of the world's largest technology companies.
Suwon founders in numbers
The startup community in Suwon shows a healthy mix of people still exploring ideas (52%) and those already building something (48%). This balance between early-stage thinking and committed founders shapes the local scene. Looking at the numbers, the median age of founders in Suwon is 28.5, with an average age of 33.1. Most are in the 25-32 age range, which makes up 39.7% of the community. When it comes to background, 50% of founders in Suwon have technical skills in areas like engineering or software development, while 50% come from business roles such as operations, product, or marketing. This mix creates plenty of opportunity for strong co-founder matches. Popular areas of interest include Space Technology, Blockchain, E-Commerce, and Fintech. Many founders in Suwon also speak more than one language, adding fresh perspectives to the city’s startup ecosystem Impacts are {13},{14},{15},{16}.
Commitment Type
More than (52%) of Foundersbase founders in Suwon, are exploring startup ideas, while (48%) are committed to an idea.
Age
The median age of Foundersbase founders in Suwon is 28.5, while the average is age 33.1 with a maximum in the group of founders aging 25-32.
Type of Founder
About (50%) of Foundersbase founders in Suwon are technical (Engineering, AI/ML), while (50%) are non-technical (Product, Marketing, Operations).
Top industry interests
Discover the industries that Foundersbase founders in Suwon are most passionate about.
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