Taipei, Wednesday, September 17, 2014 04:21 (GMT+8)
partly cloudy
Taipei
29°C
Digitimes Research: South Korea sees increasing semiconductor exports to Vietnam
Betty Shyu, DIGITIMES Research, Taipei [Thursday 12 June 2014]

As labor costs in China are gradually rising, IT players have started turning to establish production lines in Vietnam, increasing the country's demand for upstream semiconductors and components. The scale of South Korea's semiconductor and component exports to Vietnam has grown significantly recently, which is benefiting South Korea's overall exports to Vietnam.

In 2012, Vietnam surpassed Indonesia and Taiwan and became South Korea's sixth-largest export country. For IT product exports, Vietnam was the fourth-largest in 2013, surpassing Japan and Singapore.

Semiconductor products accounted for 40.6% of South Korea and Vietnam's IT product trades in 2013, and with the addition of passive components and LCD displays, 70.3% of South Korea's IT product exports to Vietnam were semiconductors and components. These exports were mainly supplied to local IT plants.

South Korea's semiconductor exports to Vietnam have turned strong and have been growing since 2010 thanks to Samsung Electronics' handset plants in Vietnam, which started operations in 2009. With Samsung continuing to expand its capacity in Vietnam, export volume and value are both expected to grow higher each year in the future, according to Digitimes Research.

Content from this blog post was provided by the Digitimes Research Tracking team, which focuses on shipment data and market trends in the global mobile device supply chain. Digitimes Research provides quarterly tracking services for market sectors such as Global Tablet, China Smartphone, China Smartphone AP, China Touch Panel, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.

Realtime news
  • TSMC see follow-up IC orders for iPhone 6 devices

    Bits + chips | 5h 48min ago

  • LCD TV shipments expected to grow to 229 million in 2015

    Displays | 5h 51min ago

  • China market: CNY500 4G smartphones expected to be launched by end of 2014, says China Mobile Device president

    Mobile + telecom | 6h 18min ago

  • AUO enters Sony SmartWatch 3 supply chain

    Displays | 6h 21min ago

  • China Mobile chairman hopes China, Taiwan telecom industries can cooperate to develop 5G

    Before Going to Press | 6h 25min ago

  • LG to supply Apple with AMOLED panels for Apple Watch

    Before Going to Press | 6h 41min ago

  • Asustek plans to accuse motherboard competitors of patent infringement

    Before Going to Press | 7h 39min ago

  • MediaTek announces 2T2R 802.11n Wi-Fi AP/router SoC

    Before Going to Press | 7h 41min ago

  • China-based handset vendors unlikely to launch Android One smartphones

    Before Going to Press | 7h 42min ago

  • Taiwan panel makers see increased pressure from China in entry-level, mid-range segments

    Before Going to Press | 7h 43min ago

  • Neo Solar Power to raise NT$650 million additional capital

    Before Going to Press | 7h 44min ago

  • Taiwan market: Ultra HD TVs to make up 10% of retail TV sales in 2014

    Before Going to Press | 7h 45min ago

  • LCD TV shipments in India reach 2.2 million in 2Q14

    Before Going to Press | 7h 46min ago

  • Acer selected for 2014 DJSI assessment for first time

    Before Going to Press | 7h 46min ago

  • Digitimes Research: IFA shows application of IoT to smart home devices

    Before Going to Press | 7h 46min ago

  • Digitimes Research: IFA shows Android tablet vendors adding value instead of price cuts

    Before Going to Press | 7h 48min ago

Pause
 | 
View more
UHD TV market forecast, 2014-2017
Media news email alerts
Greater China touch panel shipment forecast through 2015
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.