Smartphone Rebound Sparks Signs of Life in Asia’s Tech Cycle
- South Korea felt the brunt of less demand for new smart phones
- Rapid run down of chip inventories hints at a turnaround
An attendee holds Samsung Galaxy Note 10 smartphones during a product launch event in Brooklyn, New York on Aug. 7.
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
A technology slump that has dogged Asia’s manufacturing economies is showing signs of bottoming.
That’s potentially good news for a region where exports of electronics goods on average account for around 30% of shipments, according to an estimate by ING Bank.