Survey: South Korea's June export growth is expected to be the fastest in nearly 50 years, driven by strong chip sales.

Golden Finance reported that on June 29, a Reuters survey showed that South Korea's export growth rate in June may be the strongest in nearly 50 years, driven by the global artificial intelligence (AI) investment boom pushing semiconductor shipments to a record high. The median forecast of 13 economists in the Reuters survey showed that South Korea's exports in June are expected to increase by 61.0% year-on-year. This would surpass the 53.4% growth in May and mark the fastest growth rate since October 1978. South Korea's exports have been growing since June 2025, and the growth rate has accelerated to double digits since December. The export growth is mainly driven by chipmakers such as Samsung Electronics 005930.KS and SK Hynix 000660.KS, as the global AI investment boom has pushed up their chip prices.
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