The South Korean Ministry of Knowledge (that sounds like a absolutely bad ass department for a country to have) has stated that by 2012 they want to export $70 billion worth of mobile phones versus $29 billion in 2007.

When I say South Korea I really mean LG and Samsung. This isn't the first time the small country has beat its chest, Samsung recently became the number 2 mobile phone manufacture in the world and LG broke a record in terms of devices shipped in a quarter for Q1 of this year. They're hungry.

[Image of Seoul via Flickr]

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Related Articles at IntoMobile:

• No surprise here: Japan and South Korea lead mobile Television adoption
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• Juniper Research: Mobile music revenues to approach $18 billion by 2012

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This entry was posted on Tuesday, July 8th, 2008 at 11:19 pm and is filed under Mobile. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.