Tag - Korea's IT spending to expand 2.4% in 2016

Korea's IT spending to expand 2.4% in 2016

South Korea’s spending on information technology products and services is expected to grow 2.4 percent in 2016 from the previous year, data showed Friday. Asia’s fourth-largest economy is expected to spend 86.1 trillion won ($71.4 billion) on IT products and services this year, according to the data compiled by industry tracker Gartner Inc. Of the amount, expenditures on fixed-line and mobile network services are estimated to account for 40.8 trillion won, followed by spending on smartphones, PCs, tablets and other electronic goods [...]

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