Korea’s semiconductor exports have exceeded $100 billion this year, averaging more than $11 billion per month
November 29 news, according to foreign media reports, the consumer electronics demand declined, and the demand for memory chips also fell, resulting in shipments and prices both down, South Korea’s exports of semiconductor products, from August, have also been three consecutive months of year-on-year decline.
Although the export value of South Korea’s semiconductor products has declined for three consecutive months, their semiconductor exports in the year, but still considerable.
From the foreign media reports, the Korean Trade Association in the local time on Monday released data showing that in the first three quarters of this year, South Korea’s exports of semiconductor products have reached $ 102.5 billion. On average, South Korea’s exports of semiconductor products reached $11.389 billion per month.
However, data released earlier this month by South Korea’s Ministry of Trade, Industry and Energy showed that South Korea’s exports of semiconductor products fell 17.4 percent year-on-year in October to $9.23 billion, or less than the previous month’s $11.49 billion.
If South Korea’s exports of semiconductor products in November and December compared to October can not be improved, their exports of semiconductor products this year may be less than $ 130 billion.
Korea’s exports of semiconductors, mainly memory chips, they have Samsung Electronics and SK Hynix, two major memory chip manufacturers, semiconductor is an important export commodity in South Korea, their exports accounted for about 20% of the proportion, semiconductor exports, and their overall export situation also an important impact.
