South Korean ICT ex­ports plum­met

China Daily (USA) - - BUSINESS -

South Korea’s ex­ports in the in­for­ma­tion and com­mu­ni­ca­tions tech­nol­ogy sec­tor de­clined for 11 straight months due to soft de­mand for hand­sets, the coun­try’s main ex­port item, a gov­ern­ment re­port showed onMon­day. ICT ex­ports fell 2.1 per­cent from a year ear­lier to $14.13 bil­lion in Au­gust, post­ing the 11 con­sec­u­tive month of de­cline, ac­cord­ing to theMin­istry of Trade, In­dus­try and En­ergy.

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