The Kobeissi Letter said on X that South Korea’s chip industry is still expanding দ্রুত under demand tied to artificial intelligence. The post cited data showing the country’s chip trade surplus reached a record roughly $35 billion in June, more than triple the level from a year earlier, while the trade surplus for non-chip products was only about $1 billion over the same period. It also said semiconductor exports from South Korea jumped 198.8% year over year in the first 20 days of August, and computer-related product exports climbed 242.1%. Overall exports rose 61.5% during the same period, marking a second straight month of gains above 60% after a 62.9% increase in July.
Odaily reported that The Kobeissi Letter said in a post on X that South Korea’s chip industry is still growing quickly as demand tied to AI stays strong.
According to the figures cited in the post, South Korea’s chip trade surplus climbed to a record roughly $35 billion in June, up more than threefold from a year earlier. Over the same period, the trade surplus for non-chip products was only about $1 billion.
The data also showed that South Korea’s semiconductor exports rose 198.8% year over year in the first 20 days of August, while exports of computer-related products increased 242.1%. Total exports rose 61.5% over the same period, extending gains above 60% for a second consecutive month after a 62.9% increase in July.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
