The semiconductor industry is really impressive this time, with a 188% growth rate directly boosting South Korea's exports to new heights, and the demand for AI computing power continues to increase.

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CoinNetwork
CoinWorld news reports that data released by South Korea’s customs on Monday showed that, thanks to the continued prosperity of the semiconductor industry, South Korea’s export growth in early June remained strong. After adjusting for differences in working days, exports for the first 20 days of June grew by 49.7% year over year, while exports increased by 52.6% in the same period in May. Without adjustment, exports grew by 60.4% year over year, imports increased by 23.2%, and the trade surplus reached $17.5 billion. Among them, chip exports again led the way, rising 188.4% year over year; exports of computer-related products increased by 293.3%. Oil product exports benefited from higher energy prices. The data shows that external demand remains strong, driven by the rapid growth of investments related to artificial intelligence and data centers. Semiconductors remain the main driver supporting South Korea’s economic growth, helping to offset weakness in other areas of the economy.
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