South Korea’s Nand Flash Memory Chip Exports Return to Growth

South Korea’s exports of Nand flash memory rose for the first time in a year, adding to evidence that the slump in semiconductor demand is bottoming out.

Shipments increased 5.6% from a year earlier in September, compared with a 8.9% fall in August, the trade ministry said Monday in a release. Exports of dynamic random access memory, the other pillar of the memory-chip market, declined 24.6% in the same period, less than 35.2% a month earlier.