Exports by Korean startups reach record-high in 2017
Updated: 2018-01-19 12:33:25 KST
Exports by Korean venture startups hit a record high in 2017.
The Korea International Trade Association says total exports by such firms rose nine.nine percent on-year to 19.eight billion U.S. dollars.
China was the main overseas market for these smaller companies, with exports increasing seven.three percent to five billion U.S. dollars that year.
Vietnam and the U.S. trailed behind, with shipments up 39 percent and five percent respectively.
Shipments of instrumentation and control devices surged 58.five percent, followed by exports of semiconductor production equipment and flat panel displays.