S.Korea’s ICT export falls for 12th consecutive month in June ...Middle East

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SEOUL: South Korea’s export of information and communications technology (ICT) products fell for the 12th consecutive month on the continued sluggishness in global demand for locally-made tech products, reported Xinhua quoting government data on Thursday.The ICT products shipment tumbled 22.1 per cent from a year earlier to US$16.06 billion in June, continuing to slide since July last year, according to the Ministry of Trade, Industry and Energy.Semiconductor export plunged 27.9 per cent to US$8.99 billion last month on the back of lower chip prices.Display panel shipment retreated 11.1 per cent to US$1.59 billion, and mobile phone export shrank 18.8 per cent to US$780 million.Shipment for c

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