Business Standard

S Korea 9th in Information and Communications Technology market

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YonhapPTI Seoul
I / Seoul June 23, 2009, 14:46 IST

South Korea's information and communications technology (ICT) market posted $73.1 billion last year, becoming the ninth-largest among the 30 OECD member nations, a report said today.     

The figure was a 6.7 per cent increase from $68.5 billion dollars the previous year, according to the report by the Organization for Economic Cooperation and Development (OECD).     

The global ICT market, which consists of hardware, software, computer and telecom services, recorded $3.78 trillion last year, including $2.25 trillion in telecom services, the report added.     

The US topped the list with $1.06 trillion, followed by Japan with $350 billion. South Korea was trailed by Australia with $60.1 billion and the Netherlands with $55 billion.

 

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First Published: Jun 23 2009 | 2:46 PM IST

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