Latest data shows that South Korea’s exports in February increased by 29% year-on-year to $67.45 billion, setting a February record. Among them, semiconductor exports grew by 160.8% year-on-year to $25.16 billion, continuing to achieve the highest monthly performance ever and exceeding $20 billion for three consecutive months. This was mainly driven by increased demand from expanded artificial intelligence investments and the resulting surge in memory chip prices. (Science and Technology Innovation Board Daily)
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South Korea's semiconductor exports in February increased by 160.8% year-on-year, setting a new record
Latest data shows that South Korea’s exports in February increased by 29% year-on-year to $67.45 billion, setting a February record. Among them, semiconductor exports grew by 160.8% year-on-year to $25.16 billion, continuing to achieve the highest monthly performance ever and exceeding $20 billion for three consecutive months. This was mainly driven by increased demand from expanded artificial intelligence investments and the resulting surge in memory chip prices. (Science and Technology Innovation Board Daily)