Korea's semiconductor exports surge 198.8% in first 20 days of August year-on-year

Odaily News, The Kobeissi Letter posted on X, stating that South Korea's chip industry continues to grow rapidly driven by AI demand. Data shows that South Korea's chip trade surplus rose to a record high of approximately $35 billion in June, more than doubling compared to a year ago, while the trade surplus for non-chip products was only about $1 billion during the same period.

In addition, South Korea's semiconductor exports in the first 20 days of August increased by 198.8% year-on-year, and computer-related product exports grew by 242.1% year-on-year. Overall exports rose 61.5% year-on-year during the same period, marking the second consecutive month of growth exceeding 60% following July's 62.9% increase.