Cell Phone News

South Korea wants to ship $70 billion worth of mobile phones in 2012, did $29 billion in 2007

By Stefan Constantinescu on Tuesday, July 8th, 2008 at 3:24 AM PST In LG, Samsung

298775173 d28679778e South Korea wants to ship $70 billion worth of mobile phones in 2012, did $29 billion in 2007

The South Korean Ministry of Knowledge (that sounds like a totally bad ass department for a country to have) has said that by 2012 they want to export $70 billion worth of mobile phones versus $29 billion in 2007.

When I say South Korea I really mean LG and Samsung. This isn’t the first time the small country has beat its chest, Samsung recently became the number 2 mobile phone manufacture in the world and LG broke a record in terms of devices shipped in a quarter for Q1 of this year. They’re hungry.

[Image of Seoul via Flickr]

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One Comment on “South Korea wants to ship $70 billion worth of mobile phones in 2012, did $29 billion in 2007”

  1. Topy says:

    The South Korean Ministry of Knowledge! Is that for real?
    Anyways LG especially seems very promising currently, but i haven’t noticed that Samsung would have had any kind of boost lately. They mostly still miss alot of killer phones in cheaper phones and smartphone categories.

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