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