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5G business is expected to continue to drive South Korean exports

Time:2017-06-24|

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South Korea launched commercial 5G mobile communications in April 2019, and it is expected that 5G will continue to drive South Korean exports in 2020.
Text Label:5G business is expected to continue to drive South Korean exports
South Korea launched commercial 5G mobile communications in April 2019, and it is expected that 5G will continue to drive South Korean exports in 2020.

South Korea's "Central Daily" reported on the 2nd that it is expected that 5G smartphones and communication equipment will become a major factor driving South Korean exports in 2020. According to data from the strategic analysis market research company, Samsung Electronics’ global mobile phone market share reached 32% in 2013, and fell to 18.4% in 2018, but it returned to 22.3% in the second quarter of last year. Among them, the popularity of 5G smartphones To a decisive role. In the field of communications equipment, Samsung Electronics' global market share in 2018 was only 5%, ranking fifth, and also rose to 11% in the third quarter of last year, rising to fourth in the world. In the field of 5G equipment, Samsung Electronics' share reached 23%, ranking second in the world after Huawei.
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