South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite growing pressure from US tariffs and other restrictions on the crucial sector.
Seoul logged more than $16.6 billion in exports of semiconductors last month, up by more than a fifth from September 2024, according to data from the country’s industry ministry.
The surge was driven by high demand for high-value memory such as HBM chips used in AI servers, the industry ministry said.
Cars, the country’s other key export, also performed strongly, with auto shipments climbing to $6.4 billion, the highest ever recorded for the month of September.
Driven by these strong figures, overall exports reached $65.9 billion, — the highest in more than 42 months.
Exports rose to all major r