electronics industry Archives

Korean Electronics Industry Suffers 1st Setback in 10 Years in 2019

SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s electronics industry shrank in 2019 for the first time in 10 years as domestic and overseas demand weakened on a U.S.-China trade war and other negatives, a report showed Thursday. The industry’s output came to 321.9 trillion won (US$272 billion) last year, down 12.5 percent from the [...]

Electronics Industry Struggling to Overcome Labor Shortage

SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s electronics industry, including semiconductor manufacturers, has been struggling with a shortage of workers, an industry report showed on Tuesday. The findings, released by the Korea Electronics Association, a business lobby group, raised alarm bells for the future of the industry that accounts for about 33 percent of [...]