Arab Today, arab today south korea\s it exports rise as global tech market recovers
Last Updated : GMT 04:58:41
Arab Today, arab today
Arab Today, arab today

South Korea\'s IT exports rise as global tech market recovers

Arab Today, arab today

Arab Today, arab today South Korea\'s IT exports rise as global tech market recovers

Seoul - XINHUA

South Korea's exports in the information technology (IT) sector rose the most in 27 months as global tech market showed signs of recovery, a government report showed Thursday. Exports in the IT industry increased 16.4 percent to 13.11 billion U.S. dollars in January compared with a year earlier, the highest expansion in 27 months and keeping the growth trend for five straight months, according to the Ministry of Knowledge Economy. The increase came amid the global IT market recovery. According to an IT research firm Gartner, the global IT market was expected to grow 4.2 percent in 2013 after expanding 1.2 percent in the prior year. Strong shipments of smartphones such as Samsung Electronics' Galaxy S3 and LG Electronics' Optimus G led the January growth. Handset exports jumped 32.7 percent in January, with those to China and Vietnam surging 77.2 percent and 291.9 percent each. The ministry expected the mobile phone exports to maintain a growth trend, boosting expectations for record-level earnings of tech firms. Samsung Electronics' fourth-quarter operating profit topped prior record high for five straight quarters. LG Electronics saw its smartphone sales breach those for feature phones for the first time in the company's history. Helped by brisk exports, trade surplus in the IT sector reached 6.11 billion dollars in January, around 7 times the surplus for the overall industry. Imports in the sector rose 10.2 percent to 7 billion dollars. Semiconductor exports stayed above 4 billion dollars for six straight months due to demand for system chips. Exports of those chips, including mobile application processor for smartphones, increased for 41 straight months. Memory chip shipments declined amid the sluggishness in the global personal computer market. Shipments of display panels increased 15.2 percent in January after rising 10.4 percent in the prior month. Those for TVs made the first growth in 15 months as demand for LCD TVs strengthened amid the launches of premium smart TVs. Exports of computer and computer-related products such as printers and monitors increased 22.8 percent after falling 14 percent in December last year due to demand for solid state drive (SSD).

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*

Arab Today, arab today south korea\s it exports rise as global tech market recovers Arab Today, arab today south korea\s it exports rise as global tech market recovers

 



Arab Today, arab today
Arab Today, arab today Ideen Belmahdy happy to be part of “ Fashion Star”

GMT 17:00 2017 Sunday ,26 February

Ideen Belmahdy happy to be part of “ Fashion Star”
Arab Today, arab today 17.4m tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4m tourists visit UAE in 2016
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 14:44 2017 Saturday ,25 February

China overtakes US as Germany’s top trade partner

GMT 05:53 2017 Saturday ,25 February

Global sovereign debt to hit new all-time high

GMT 05:17 2017 Saturday ,25 February

Oil world cautious on Trump’s next move

GMT 09:59 2017 Friday ,24 February

Baidu revenue slips anew amid ad clampdown

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday