SEOUL, Aug. 11 (Korea Bizwire) – The semiconductor and automobile industries led South Korea’s exports in the second quarter, with the items accounting for a record high of more than 30 percent of total outbound shipments, data showed Sunday. Combined exports of chips and cars reached US$54.3 billion in the April-June period, taking up the [...]
SEOUL, Aug. 4 (Korea Bizwire) – China has once again become the leading destination for South Korean products in the first seven months of this year, driven by increasing demand for semiconductors, data showed Sunday. Exports to China surged 14.9 percent year-on-year to $11.4 billion in July, marking the highest monthly total in nearly two [...]
SEOUL, Feb. 1 (Korea Bizwire) — South Korea’s exports soared 22.2 percent in January from a year earlier on brisk sales of memory chips and petrochemical products, government data showed Thursday. Outbound shipments came to US$49.21 billion for January, up from $40.25 billion a year earlier, according to the data compiled by the Ministry of [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea will expand support for major exporters to tackle challenges such as a strong local currency, interest rate hike and rising oil prices to maintain upward momentum, the trade ministry said Friday. The Ministry of Trade, Industry and Energy made the pledge in a meeting with major industrial [...]