Asia Express - East Asian ICT
Korean Semiconductor 2005 Export Projection Revised Upward
June 30, 2005
The Korea Semiconductor Industry Association has upgraded the forecast for the export value of semiconductor offerings in 2005 by 4.2%. The Association now forecasts the export value going up to US$30 billion, an increase of 13.1% in comparison with the US$26.5 billion of semiconductor exports in 2004. In the first half of 2005, export value amounted to US$14.9 billion, marking the best first-half year performance in Korea's history. The forecast for the second half of 2005 is US$15 billion.