South Korean exports of MP3 players increased by 44.2 percent in the first 10 months of the year, according to industry officials.
Shipments of the product in the January-October period stood at U.S. $128 million, compared with $88.9 million in the same period last year, reported officials at the Electronic Industries Association of Korea.
Shipments to Asia accounted for $62 million, with Europe and North America accounting for $33.9 million and 28 million, respectively.
Hong Kong topped the list with $36.6 million, followed by the U.S. and Japan with $24.6 million and $17 million, respectively.
"Along with electronics giants such as Samsung and LG Electronics, the exports by small- and medium-sized companies such as Reigncom and Cowon Systems, Inc. have shot up significantly with their quality being enhanced," an Association official said. (Yonhap, Asia Pulse)
to Daily News