Austin

iMarket America Joins Tech Surge in Round Rock Amid Samsung's Expansion in Texas' Tech Sector

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Published on March 05, 2024
iMarket America Joins Tech Surge in Round Rock Amid Samsung's Expansion in Texas' Tech SectorSource: Unsplash / Brooke Cagle

The ever-expanding tech landscape in the Austin area welcomes another heavyweight as iMarket America, Inc. plants its flag in Round Rock. The U.S. arm of South Korea's iMarketKorea, which primarily serves giants like Samsung with operations and maintenance supplies, has declared its new base of operations in Texas, signaling a growing trend of tech-centric firms homing in on the state's burgeoning industrial tech sector.

Coming swiftly on the heels of Samsung's splash iMarket America is set to bolster Samsung's production capabilities, with Inbong Nam, CEO of iMarketKorea, stating, "Our decision to move our headquarters to Round Rock underscores our commitment to fostering industrial growth and innovation in the region," a sentiment echoed in Round Rock's ambition to carve out a niche as a cutting-edge semiconductor manufacturing hub as reported by MySanAntonio.com.

The move isn't just a win for Samsung, it also stands as a pivotal moment for Round Rock. Jordan Robinson, president, and CEO of the Round Rock Chamber, highlighted the broader implications of such relocations, saying to Community Impact, "IMA's decision to select Round Rock for its U.S. headquarters reflects the city's growing reputation as a premier destination for businesses seeking a dynamic and supportive environment."

Equally, the city's proactive approach is not going unnoticed; their Chamber staff, having engaged with roughly 150 South Korean companies during a recent visit to Seoul, have already scored a new tenant with MSS International following their recruitment efforts, solidifying Round Rock's position on the tech stage. With aims as high as developing a "large-scale industrial cluster" and streamlining "global logistics services," as In-cheol Kim, executive vice president of iMarket America, told MySanAntonio.com, the region is quickly shaping up to be more than just a spot on the map in the tech industry.