Business & Finance
South Korea’s Early Exports Jump to July Record on AI-Led Gains
Key Points
South Korea’s Early Exports Jump to July Record on AI-Led Gains South Korea’s exports extended robust growth in early July as artificial intelligence-driven demand for semiconductors continued to fuel the economy. Exports adjusted for working-day differences climbed 62.9% from a year earlier in the first 20 days of July, according to customs office data released Tuesday. That jump took the value of exports to the highest for any July on record.
South Korea’s Early Exports Jump to July Record on AI-Led Gains
South Korea’s exports extended robust growth in early July as artificial intelligence-driven demand for semiconductors continued to fuel the economy.
Exports adjusted for working-day differences climbed 62.9% from a year earlier in the first 20 days of July, according to customs office data released Tuesday. That jump took the value of exports to the highest for any July on record. The figure compares with a 49.7% increase in the same 20-day period last month.