South Korea’s export of information and communications technology (ICT) products fell for the 14th month in August amid continued weakness in global demand for locally-made tech products, government data showed Thursday.
ICT products shipment tumbled 16.7 percent from a year earlier to 16.05 billion U.S. dollars in August, continuing to slide since July last year, according to the Ministry of Trade, Industry and Energy.
Semiconductor export plunged 21.1 percent to 8.64 billion dollars last month on the back of lower chip prices. Display panel shipment grew 1.8 percent to 2.13 billion dollars on demand for OLED panels used for mobile devices.—Xinhua
