Xinhua
15 Mar 2021, 11:48 GMT+10
SEOUL, March 15 (Xinhua) -- South Korea's export of the information and communications technology (ICT) products kept growing for nine straight months in February, a government report showed Monday.
The ICT export went up 11.5 percent over the year to 15.28 billion U.S. dollars in February, according to the Ministry of Trade, Industry and Energy.
It marked the country's second-biggest February export, which has continued to rise for nine months since June last year.
The ICT import jumped 19.3 percent to 9.19 billion dollars, sending the February trade surplus in the ICT sector to 6.09 billion dollars.
Semiconductor export advanced 12.5 percent in February from a year earlier on robust demand for both memory and system chips.
Display panel shipment soared 22.3 percent on strong demand for organic light-emitting diode (OLED), and mobile phone export gained 15.0 percent.
The ICT export to China, South Korea's biggest trading partner, amounted to 7.02 billion dollars in February, followed by export to Vietnam with 2.31 billion dollars, the United States with 1.82 billion dollars and the European Union (EU) with 930 million dollars respectively.
Get a daily dose of South East Asia Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to South East Asia Post.
More InformationBRUSSELS, Belgium: Meta is holding firm on its controversial pay-or-consent model, a move that could lead to fresh antitrust charges...
LONDON, U.K.: American consumers and businesses could soon face the highest overall tariff burden in more than a century, according...
The family of Sayfollah Saif Musallet, a 20-year-old American citizen who was beaten to death by Israeli settlers in the occupied West...
CONCORD, New Hampshire: A federal judge in New Hampshire issued a crucial ruling on July 10 against President Donald Trump's executive...
DUBAI, U.A.E.: A cargo ship flagged under Liberia, known as the Eternity C, sank in the Red Sea following an attack executed by Yemen's...
WASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...
NEW YORK CITY, New York: Bitcoin surged to a new all-time high this week, buoyed by growing institutional interest and a wave of pro-crypto...
SHENZHEN, China: As global chip competition intensifies, Huawei Technologies is exploring new markets in the Middle East and Southeast...
LONDON/NEW YORK CITY: American grocery bills may be headed higher as coffee and orange juice prices face upward pressure from new tariffs...
BATTLE CREEK, Michigan: In a major consolidation of iconic food brands, WK Kellogg has agreed to be acquired by the owner of Ferrero...
WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...