Seoul, June 14 (IANS) South Korea’s exports of information and communication technology (ICT) products posted the highest monthly figure on record in May, driven by demand for semiconductors and other products related to the artificial intelligence (AI) ecosystem, data showed on Sunday.Outbound ICT shipments reached US$47.79 billion last month, a surge of 128.9 percent from $20.88 billion a year earlier, according to the data from the Ministry of Science and ICT, reports Yonhap news agency.This …
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Seoul, May 12 (IANS) The South Korean economy is showing signs of recovery, thanks to robust semiconductor exports and improving consumption demand, but downside risks persist due to uncertainties surrounding the Middle East, a state-run think tank said on Tuesday.”Exports are growing at a high rate, led by semiconductors, while domestic demand continues to improve,” the Korea Development Institute (KDI) said in its monthly economic assessment, reports Yonhap news agency.But the KDI said downsid…
New Delhi, Dec 29 (IANS) Union Communications Minister Jyotiraditya Scindia on Monday said that the Department of Telecommunications (DoT), through the National Centre for Communication Security (NCCS), is rolling out transformative reforms to strengthen telecom security, reduce compliance burdens, enable sustainable industry growth and reinforce Prime Minister Narendra Modi’s vision of ‘Make in India, Make for the World’.In a post on X, the minister said that as our digital networks expan…