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

Categories: LG, Samsung
By: , IntoMobile
Tuesday, July 8th, 2008 at 3:24 AM

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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]

About The Author

Stefan Constantinescu

Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.

  • Topy

    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.