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

July 8, 2008 by Stefan Constantinescu - 1 Comment

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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]

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