COVID-19 SLOWS DEMAND FOR ICT PRODUCTS IN SOUTH KOREA

Highlights –

• Outbound exports of ICT products drop by 15.3 percent.
• Exports to China fell by 16.5 percent from last year.
• Exports of displays fell by 28.1 percent to $1.24 billion.

According to the South Korean Ministry of Science and ICT, exports of information and communication technology (ICT) products fell in April. This downfall trend was due to the ongoing ....