South Korea’s Chip Exports Headed for Rebound as Trade War Eases
- Jan. 1-10 chip shipments rise for first time since Oct. 2018
- Semiconductors make up biggest source of income for Korea
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South Korea’s chip exports showed signs of revival after more than a yearlong slump, supporting optimism that the worst is behind for the trade-dependent economy.
Semiconductor shipments, South Korea’s biggest source of income, rose 12% in the first 10 days of January from a year earlier, data from the Customs Service showed Monday. That’s the first time the preliminary figure posted growth since October 2018.