Google to Invest $690 Million in Japan, Informs Sundar Pichai
Google set up its first overseas office in Japan in 2001, and ever since, Google has been actively working on the front to expand its far east market. Now on October 7, 2002, the CEO of Google, Sundar Pichai, announced that Google further plans to invest $690 Million in Japan through 2024 to capitalize on the expansion in the Asia-Pacific region despite macroeconomic uncertainty.
Pichai announced the commitment in an exclusive interview with Nikkei and TV Tokyo in Tokyo, saying that Google will invest a total of 100 billion yen beginning this year and continuing for [the] three years until 2024.
The corporation plans to use the funds to construct its first data center in Japan, invest in submarine cables, and train new employees. The facility is scheduled to go live in 2023, and Goog...