Sunday, February 17, 2008

[ News, Economy / Industry, January 3 2008] Korea's IT exports grow over 10% in 2007

Korean exports of information technology (IT) goods grew more than 10 percent in 2007, boosted by increased sales of handsets and flat panels in global markets, a government report showed Thursday (Jan. 3).

According to the report by the Ministry of Information and Communication, Korean companies sold a combined $125.1 billion worth of IT goods last year, up 10.5 percent from a year earlier.

During the same period, Korea imported $64.8 billion worth of IT products, up 9.9 percent from a year earlier. This brought the nation’s IT trade surplus last year to a record $60.4 billion.

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