South Korea Oct 1-20 exports surge 105pct on record chip sales

SEOUL: South Korea's exports surged 105.4 per cent in the first 20 days of this month from a year earlier, led by record chip sales driven by global artificial intelligence investment, customs data showed on Wednesday.
On a working-day average basis, exports were up 65.9 per cent at a record US$4.74 billion.
Exports of semiconductors rose 222.5 per cent, accounting for 44.7 per cent of the total.
Last month, exports rose 83.7 per cent, the biggest jump since February 1974, with the monthly value topping US$120 billion for the first time.
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