After a year-long low, South Korea’s semiconductor exports grew, up 12 percent in the first 10 days of January from a year earlier, the first increase since October 2018. Despite last year’s poor performance, demand for technology is beginning to pick up, Taiwan’s Economic Daily reported on January 13.
“This is certainly a positive omen, ” said Lin Huiyun, an investment economist at KTB, according to the report. But it is hard to say whether growth will be large enough to lead to a strong recovery in South Korea’s economy. ”
Customs data also showed that South Korea’s overall exports grew by 5.3% in the first ten days of January, reversing a decline in exports in December.
Some analysts believe that South Korea’s semiconductor exports show edifying growth, and the semiconductor industry as a whole rebound is not unrelated.
According to Taiwan’s China Times, 5G will be used in large-scale global applications in 2020, and although smartphone sales growth will be difficult to show a “big burst” momentum due to the longer change cycle, the overall semiconductor industry will continue to grow strongly.
According to the report, a research report shows that with the 5G-driven upgrade of specifications, will drive the implied value increase and drive the global semiconductor industry in 2020 to 2022 the annual COMPOUND growth rate of 5% to 10%, compared with 2017 to 2019 single-digit growth significantly enlarged.