Korea's export milestone masks growing risks from heavy reliance on semiconductors

Korea's export milestone masks growing risks from heavy reliance on semiconductors

Korea’s export growth is increasingly dependent on semiconductors, deepening polarization in the export structure despite increases in total outbound shipments, data showed Sunday. Although the country is on track to see its exports exceed $700 billion for the first time this year, strong performance in a limited number of sectors has masked widespread weakness across the broader export base, where many industries are slipping into a prolonged d…