South Korea posts record January exports on AI chip boom

South Korea’s exports surge on semiconductors

SEOUL: South Korea's exports extended their growth streak in January, underpinned by robust semiconductor demand and an increase in the number of working days from a year earlier because of the effects of a favourable calendar.

AI-driven chip demand lifts South Korea’s January exports to record high

South Korea posted its highest-ever exports for the month of January, the total value of January's exports was $65.8 billion, a 33.9 per cent rise on-year, according to a trade ministry statement.

South Korea posts record January exports on AI chip boom

The total value of January's exports was US$65.8 billion, a 33.9 per cent rise year-on-year and the first time they surpassed a US$60 billion threshold for the month.

S. Korea’s Export Momentum Grows on Robust Semiconductor Demand

South Korea’s exports extended their growth streak in January, underpinned by robust semiconductor demand and an increase in the number of working days from a year earlier because of the effects of a favorable calendar.

Exports jump 34% in January thanks to robust demand for semiconductors

Exports jumped 33.9 percent from a year earlier in January to over $65 billion, driven by strong demand for semiconductors on artificial intelligen...

South Korea’s exports surge on semi­con­duct­ors

South Korea’s exports extended their growth streak in January, supported by strong semiconductor demand and a higher number of working days compared to the previous year due to a favourable calendar. Unadjusted shipments rose 33.9% year-on-year, according to data released by the Trade Ministry, following a 13% increase in December. Imports grew 11.7%, resulting in a trade surplus of $8.74 billion. However, economists noted that the headline figu…