Korea Ministry of Knowledge Economy announced preliminary statistics show that the Korea Information and Communications in January of total exports of $ 11.18 billion, down 12.8 percent for the fourth consecutive month fell; imports amounted to 62. five hundred million U.S. dollars, down 10.4 percent.

specific point of view, the South Korean mobile phone’s total exports in January for $ 1.44 billion, down 39.3 percent, but the South Korean mobile phone global market share is showing the trend of continuous rise, the share of the second quarter of last year reached 28. 3%. January’s total exports of computers and related equipment for $ 600 million, an increase of 4.7%. In addition, the Korean information and communications products exports to China, Japan and the United States in January showed a downward trend, especially exports to the EU totaled only $ 850 million, down 33.6 percent.

Korea Ministry of Knowledge Economy said in order to meet the overseas demand for handsets and improve the price competitiveness due to the Korean domestic enterprises to expand overseas production and substantially reduced the scale of mobile phone export in January. In addition, the unit price of some products decline, has also led to its export scale decreases.

Tags: Korea

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