Monday, July 6, 2015

South Korea Electronics Industry

South Korea on the back of its leading position in semiconductors, mobile communications and advanced consumer electronic products is the fourth largest electronics producer globally with output of US$117.2 billion in 2014. After declining by 3.4% in 2012 electronics production rebounded in 2013 increasing by 8.9% on the back of strong growth in both the semiconductor and wireless communications segments. Growth eased in 2014 but still posted healthy growth estimated at 5.3% for the year as a whole with the main drivers again the semiconductor and wireless communications segments. For 2015, growth is expected to be more subdued at 1.6% as demand in the key semiconductor segment slows. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications" web site. View the report: Electronics Industry in South Korea.

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