SEOUL, April 3 (Korea Bizwire) — With U.S. President Donald Trump’s announcement of a 25 percent tariff on South Korean imports, South Korea’s semiconductor industry let out a sigh of relief Thursday for being excluded but remained cautious as sector-specific tariffs loomed near. The White House on Wednesday (local time) said some goods, including semiconductors, [...]
SEOUL, Sept. 13 (Korea Bizwire) — South Korea’s semiconductor exports are expected to exceed US$90 billion this year due to increased overseas chip demand and higher prices, an international traders organization said Wednesday. In the January-August period, outbound shipments of computer chips surged 52 percent on-year to $59.5 billion, the Korea International Trade Association (KITA) [...]
SEOUL, Sept. 5 (Korea Bizwire) — According to figures released by Statistics Korea, the production diffusion index for the mining and manufacturing industries in July was calculated at 48.8. The production diffusion index is a tool that takes all of the eighty sub-industries included in the mining and manufacturing industries and measures the types that [...]