Thursday, February 14, 2008

[The Chosun Ilbo, February 5 2008] Digital Electronics Sector Seeks New Markets

Korean exporters have discovered oases in markets outside of the U.S. and outside of the slumping memory-chip market.

Export volume of digital electronics for the month of January grew 7.6 percent on-year, ending US$500 million in the black.

That's according to the Commerce, Industry and Energy Ministry which attributed it in part to solid growth in cell phones and home appliances.

The country's mobile phone giants, Samsung and LG Electronics, also raked in bigger pieces of the global market pie last year than in 2006, taking a combined 22 percent share of the world's cell phone market.

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