Tuesday, June 15, 2021

Strong ICT exports in May 2021


As reported by The Korea Herald, "South Korea's exports of information and communication technology (ICT) products rose around 30 percent last month, data showed Monday, thanks to strong demand for semiconductors, displays and mobile phones amid signs of a global economic recovery from the pandemic-induced slump. Outbound shipments of ICT products were tallied at $17.73 billion in May, up 27.4 percent from a year earlier, according to the data from the Ministry of Science and ICT. The latest figure marked the second-largest amount for the month on record after 2018 and the 12th consecutive month of on-year gains."

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