Taipei, Thursday, August 21, 2014 08:38 (GMT+8)
partly cloudy
Taipei
28°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
  • Roughly 400 vendors preparing to feature new technologies at Touch Taiwan

    Displays | 10h 8min ago

  • Passive component maker Chinsan to kick off new plant in 1Q15

    Bits + chips | 10h 23min ago

  • Foxconn taking aggressive moves to enter IoT industry

    IT + CE | 10h 27min ago

  • Digitimes Research: Taiwan LCD monitor shipments grow in 2Q14

    Displays | 10h 30min ago

  • Japan market: HTC unveils HTC Butterfly 2

    Mobile + telecom | Aug 20, 19:00

  • Taiwan July export order value down on month, up on year, says MOEA

    Bits + chips | Aug 20, 18:58

  • Digitimes Research: Entry-level smartphone may help Amazon extend e-commerce reach

    Before Going to Press | 11h 25min ago

  • US ITC to probe Spansion MCU products for alleged patent infringement

    Before Going to Press | 11h 26min ago

  • Market watchers concerned about Acer inventory, CEO says inventory management a priority

    Before Going to Press | 11h 26min ago

  • Samsung to produce DRAM chips at Line-17 fab, causing concerns of oversupply

    Before Going to Press | 12h 5min ago

  • Acer unveils 8-core 4G LTE smartphone in Taiwan

    Before Going to Press | 12h 11min ago

  • HTC to push Desire and Butterfly family products to US and Europe

    Before Going to Press | Aug 20, 19:54

  • Scientech to ramp wet-process semiconductor equipment

    Before Going to Press | Aug 20, 19:49

  • Roughly 400 vendors preparing to feature new technologies at Touch Taiwan

    Before Going to Press | Aug 20, 19:36

  • Penetration rate for Ultra HD TVs likely to reach 15% in August

    Before Going to Press | Aug 20, 19:27

  • Touch panel makers see G/G, G2 demand increase

    Before Going to Press | Aug 20, 19:27

  • EIH sees improved 2Q14 performance; expects growth in 3Q14

    Before Going to Press | Aug 20, 19:16

Pause
 | 
View more
DIGITIMES Research Tracker Services
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.