South Korea reports rapid growth in exports, semiconductor shipments and digital industry revenue
Exports rose 53 % in annualised terms, semiconductor shipments jumped nearly 170 % to a record level, and digital industry revenue reached 1,378 trillion won in 2024.
South Korea's exports grew 53 percent in annualised terms last month, the fastest pace since 1984, according to the South China Morning Post. The same outlet reported that semiconductor shipments increased nearly 170 percent to a record level. YNA reported that the country's ICT exports for May hit an all‑time high.
AJUPress.com reported that digital industry revenue reached 1,378 trillion won in 2024 and that this revenue accounted for over 15 percent of total industrial revenue. The outlet also noted that the 2025 Digital Industry Survey showed a 9.3 percent increase in digital industry revenue compared with the previous year, that digital industry revenue represented 15.2 percent of total industrial sales, and that it exceeded half of the manufacturing sector's total revenue.
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