Browsing: semiconductor exports

– In June, South Korea achieved a historic $49.73 billion current account surplus, driven primarily by a significant boost in semiconductor exports. The Bank of Korea reported that this figure surpassed the previous monthly record of $38.61 billion set in

South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled. The Ministry of Trade, Industry and Resources said exports rose 70.9% from a year earlier

South Korea’s economy expanded 1.8% in the first quarter of 2026 from the previous quarter, revised data from the Bank of Korea showed. The reading topped the earlier estimate of 1.7%. Gross domestic product also rose 3.8% from a year

Singapore’s economy expanded 6.0% year on year in the first quarter of 2026, lifted by AI-related demand that boosted electronics manufacturing, precision engineering and semiconductor-linked trade, the Ministry of Trade and Industry said. The performance extended a 5.7% expansion in

South Korea’s information and communication technology exports rose 125.9% from a year earlier to $42.71 billion in April, extending a semiconductor-led surge and marking the second consecutive month the sector has remained above $40 billion. Data released on May 14

SEOUL: South Korea posted its largest monthly current account surplus on record in February, as a sharp rise in semiconductor shipments and other technology exports drove a steep increase in the goods balance. Bank of Korea data showed the current

SEJONG: South Korea’s exports climbed to a record $86.1 billion in March, passing the $80 billion mark for the first time and posting a 48.3% increase from a year earlier, government data showed on April 1. Imports rose 13.2% to

SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary

MENA Newswire, SEOUL: South Korea’s exports of information and communication technology products rose more than 12 percent in 2025, underscoring the country’s central role in the global supply chain for artificial intelligence hardware and advanced digital components. Government data showed ICT

MENA Newswire, SEOUL, December 30, 2025: The Republic of Korea’s annual exports surpassed US$700 billion for the first time this year, marking a record high for the nation and placing it among the world’s top six exporting economies. According to