South Korea’s chip exports are expected to post a second straight record in 2025, with officials saying the market is being driven by a boom in artificial‑intelligence hardware. The country’s first vice industry minister, Moon Shin‑hak, told reporters at the 18th Semiconductor Day that shipments could top $165 billion next year.
Last year’s exports topped $141 billion, and from January to September this year the industry already logged $119.7 billion—a 16.9 % jump over 2024. “Keep leading in memory chips and close the gap in system semiconductors and fab‑less tech,” Moon said, urging more support for the sector.
The Korea Semiconductor Industry Association called chips a “national strategic asset” and urged proactive government backing to build an “innovative” ecosystem, especially as AI and quantum computing grow.
On the financial side, Seoul’s stock market climbed higher Wednesday. The Korea Composite Stock Price Index gained 0.3 % to 3,835.44 after a string of record‑setting days. Samsung Electronics slipped 0.5 % and SK Hynix fell 0.8 %. Meanwhile, defense maker Hanwha Aerospace jumped 4 % and battery giant LG Energy Solution rose nearly 3 %. The won traded at roughly 1,430 against the U.S. dollar.
South Korea’s semiconductor surge is a key driver of the local economy, and the government is stepping up to keep the country at the center of global chip production.
Source: ianslive
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