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Korea is a leader in ICT. This is demonstrated by its vast ICT-related production and exports, world-class technology and the wide use of internet and mobile communication devices in the country.
ICT industry-related products, such as computer chips and mobile phones, account for over 33 per cent of Korea’s total exports.
As for communications services, nearly every Korean owns at least one mobile phone. Moreover, almost every household has a broadband connection.
All sectors of industry from the food-service industry to public transportation are heavily dependent on computers and ICT. Programs that have been introduced increase both public and private sector R&D investment and nurture highly skilled R&D manpower.
Smart phone penetration rate was almost 70 per cent in June 2014.
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