S. Korea’s January ICT Exports Surge to Record High
ICT product exports skyrocketed 78.5 percent year-over-year to $29.05 billion last month—the highest January figure ever recorded—data from the Ministry of Trade, Industry and Resources revealed.
Semiconductor shipments led the explosive growth, more than doubling to reach $20.55 billion as worldwide AI infrastructure buildouts triggered intensified demand and price appreciation for memory chips.
Display panel exports climbed 19.0 percent to $1.50 billion, while mobile phone shipments soared 75.1 percent to $1.76 billion during the same period.
Computer and peripheral equipment exports surged 83.7 percent to $1.71 billion, and communications equipment shipments advanced 26.7 percent to $200 million.
ICT product imports rose 20.0 percent annually to $14.09 billion in January, generating a trade surplus of $14.96 billion for the technology sector.
Inbound shipments of semiconductors, display panels, mobile devices, computers, and communications equipment all posted double-digit percentage gains last month.
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