[KOREAN ECONOMIC NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Korean economic news to share with you which is as undermentioned.tioned.
South Korea’s exports of information and communications technology (ICT) products rose to a record monthly high last month on strong demand for semiconductors, government data showed on Tuesday.
According to data compiled by the Ministry of Trade, Industry and Energy, outbound shipments of ICT products gained 28.1 percent on-year to a fresh monthly high of $17.7 billion in January. The shipment is the highest tallied so far for January and tops the previous record of $14.42 billion posted in January of 2015. It also marks the 14th straight month for Korea to post a double-digit on-year increase.
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