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S. Korea's electronics industry ranks 3rd by production in 2018

2019-07-30 8 Dailymotion

한국 전자산업, 일본 제치고 세계 3위…'반도체 편중' 심화<br /><br />South Korea's electronics industry was ranked third largest in the world last year in terms of production …boosted by strong sales of memory chips.<br />According to a report by the Korea Electronics Association, the Korean electronics industry produced 171-point-one billion U.S. dollars' worth of goods in 2018, …making up eight-point-eight percent of the global market.<br />Korea trails only China and the United States, …which make up 37-point-two percent and 12-point-six percent of the market, respectively.<br />Over the five years until 2018, production in electronics rose by 53-point-three percent …thanks to strong performances by chipmakers like Samsung Electronics and SK hynix.<br />The vast majority of that volume, however, was electronic parts like semiconductors, so there's a concern that in tough times, like with Japan's export restrictions, that overreliance could become a problem.<br />

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