Korean semi exports up

October 10, 2003 – South Korean exports rose in September thanks to continued growth in semiconductor exports, according to the Ministry of Commerce, Industry, and Energy.

Exports were $17.22 billion, up from $15.48 billion in August, and well above the previous record of $15.73 billion in April 2003. Semiconductors led the way at $1.82 billion, followed closely by wireless telecom equipment exports at $1.78 billion.

Year-on-year, Korean chip exports have risen steadily in the last four months: 7.9% in June, 15.1% in July, 18.9% in August, and 32.8% in September.

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