ict exports turn around in south korea
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ICT Exports Turn Around in South Korea

Arab Today, arab today

Arab Today, arab today ICT Exports Turn Around in South Korea

ICT Exports Turn Around in South Korea
Seoul - QNA

South Korea's exports of information and communication technology (ICT) products landed in positive terrain for the first time in 14 months in November on the back of increased shipments of chips, displays and computers, government data showed Thursday. 
ICT exports reached US$14.8 billion last month, up 3.3% from $14.34 billion tallied a year ago, according to the data compiled by the Ministry of Trade, Industry and Energy. 
The outbound shipment of such products had declined for 13 months straight since October 2015 when it edged down 1.6% from a year earlier, according to (Yonhap) news agency. 
The trade ministry said rising demand for South Korean semiconductors, displays and computers led the improvement in ICT exports, offsetting weak exports of mobile phones. 
Imports of foreign ICT products also inched up 0.5% on-year to $8.8 billion last month, with the country logging a trade surplus of $6.72 billion in the sector. 
Outbound shipments of semiconductors made by Asia's fourth-largest economy gained 11.6% on-year last month on the back of recovering demand for memory chips, according to the data. 
The ministry said exports of displays increased 3.1% on-year in November after a 15-month losing streak helped by the rising demand for organic light-emitting diode (OLED) TVs. 
Overseas shipment of computer and computer equipment also jumped 15.2% on-year last month due to gains of South Korean-made solid state drive (SSD) in the global market, the ministry said. 
Combined overseas sales of handsets and parts, however, tumbled 27.4% to $2.22 billion last month from a year earlier, on the back of increased competition in the global market, the ministry said. 
Leading smartphone maker Samsung Electronics Co. decided to terminate production of its latest flagship smartphone, the Galaxy Note 7, over batteries causing fires in September. 
By region, shipments to Vietnam soared 42.2% on-year, while those to China, including Hong Kong, and the EU inched 3.6% and 1.9% on-year, respectively. 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ict exports turn around in south korea ict exports turn around in south korea

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ict exports turn around in south korea ict exports turn around in south korea

 



GMT 23:24 2017 Tuesday ,24 January

Mofida Shiha prefers social TV programs to politics

GMT 21:23 2017 Sunday ,13 August

Fierce clashes between Daesh, SDF in Raqqah

GMT 19:31 2017 Monday ,16 October

Azhar Imam, Mufti to inaugurate international Fatwa

GMT 18:33 2017 Tuesday ,28 March

S. Korea Preparing for N. Korean ICBM Launch

GMT 23:39 2017 Tuesday ,19 September

Iran recruits Afghans, Pakistanis to fight in Syria

GMT 03:51 2017 Saturday ,11 November

'Lazarus' Daly says recovery no miracle

GMT 13:30 2017 Friday ,17 February

Four killed in Kashmir Gun battle

GMT 18:51 2017 Friday ,17 November

FIA WEC Bapco 6 Hours of Bahrain weekend starts

GMT 00:56 2017 Tuesday ,22 August

Britain calls on EU to move Brexit talks forward

GMT 18:56 2017 Wednesday ,01 February

Russia calls for Syria's return to Arab League

GMT 02:29 2017 Wednesday ,08 November

World's richest turf contest hikes prize money

GMT 10:33 2017 Saturday ,15 April

Chicago airport security under fire

GMT 16:30 2017 Sunday ,19 March

100,000 starve while S. Sudan buys weapons

GMT 23:09 2017 Thursday ,30 November

ERC distributes winter aid to Syrian refugees in Jordan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday