Wednesday, June 20, 2007

[The Chosun Ilbo, June 7 2007] Electronics Exports Predicted to Rise by 16%

The Ministry of Commerce, Industry and Energy predicts the size of the world electronics industry will grow 5.8 percent to US$1.54 trillion and exports of Korean-made electronics will increase by 16 percent to $133.1 billion.


According to the report, home IT devices will evolve into a ubiquitous system that people will be able to use whenever and wherever. It also says the market for 10-megapixel digital cameras and digital multimedia broadcasting devices will grow the most among mobile devices.

In the display sector, the ministry believes that flat panel and organic light emitting diode (OLED) devices will be commercialized rapidly. Small electronics such as game consoles and digital cameras will have strong sales, the ministry forecast in the report.

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