Shulou(Shulou.com)11/24 Report--

CTOnews.com May 15 news, South Korea's Ministry of Science and Technology Information and Communications said on the 15th that South Korea's information and communication technology (ICT) exports in April decreased by 35.9% year on year to US $12.77 billion (CTOnews.com Note: currently equivalent to 88.879 billion yuan), which has been a downward trend for South Korea's ICT exports for 10 consecutive months.

In April last year, South Korea's ICT exports reached an all-time high of US $19.93 billion (currently equivalent to 138.713 billion yuan).

According to Tuyuan Pexels, South Korea's semiconductor exports in April fell 40.5% from a year earlier to $6.48 billion (currently about 45.101 billion yuan), due to weaker demand for ICT devices and lower unit prices of memory chips. Among them, the export reduction of Korean memory chips (54.1%) is larger than that of system chips (22.1%).

In the same period, South Korea's display exports decreased by 30.5%, mobile phones by 41.6%, computers and peripherals by 66.7%, and communications equipment by 14.7%. According to the Ministry of Science and Technology, the unit price of DRAM per 8GB fell from $3.35 in May to June last year to $1.45 last month.

In terms of monitors, South Korean exports are $1.43 billion (currently about 9.953 billion yuan), OLED is down 21.6%, and LCDs are down 43.9%, affected by shrinking domestic production, while mobile phones have decreased by 42.3% in finished products and 41.2% in spare parts.

Exports of communications equipment fell 14.7 per cent to US $200m (currently about RMB 1.392 billion), with India's exports, which accounted for US $20,000, soaring by 380.5 per cent. This is the impact of the significant increase in equipment imports caused by the expansion of 5G communications infrastructure.

Judging from the current export volume, China (including Hong Kong) accounts for 40% of South Korea's ICT exports, with exports reaching US $5.1 billion, down 39.0% from the same period last year. According to the Ministry of Science and Technology, the proportion of South Korean exports to China has fallen from 42.1% in November last year to 40.0% last month.

Apart from China, ICT exports from other major regions also declined, with Vietnam accounting for 26.7%, the United States 40.1%, the European Union 36.8% and Japan 25.1%. However, with the recent increase in demand for flagship mobile phones, US mobile phone exports surged 126.9 per cent, and exports of rechargeable batteries to the US rose 3.9 per cent to $2.25 billion.

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