South Korea's spending on information technology products and services will increase by 2.4 percent this year compared to 2015 announced on January 22 by the Gartner.
South Korea is forecast to spend around KRW 86.1 trillion (approximately USD 71.4 billion) on IT products and services in 2016. Of the overall amount, spending on fixed-line and mobile network services is expected to reach KRW 40.8 trillion, while spending on smart phones, PCs, tablets and other electronic goods is expected to total KRW 17.7 trillion won.
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