SKorea’s ICT export hits record high

  • News Digest

Jan 18, 2019-

South Korea’s export of information and communications technology (ICT) products hit a record high last year thanks to robust demand for semiconductors, a government report showed on Thursday. The ICT export increased 11.5 percent over the year to reach a new high of $220.4 billion in 2018, topping the previous high of $197.6 billion tallied in 2017, according to the Ministry of Trade, Industry and Energy. Import in the ICT sector amounted to $107.1 billion, sending last year’s trade surplus to $113.3 billion. It was the country’s biggest trade surplus in the industry. Semiconductor export jumped 28.6 percent to $128.2 billion last year. Display panel shipment dipped 8.4 percent, but export for computer and peripherals advanced 17.4 percent on strong demand for solid state disc. (XINHUA)

Published: 18-01-2019 10:49

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