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ICT Exports Hit Record $59.98 Billion in August, Nearing $60 Billion
AI 3-line summary
- Information and communications technology (ICT) exports reached a record $59.98 billion in August this year, and the trade surplus hit $41.37 billion, surpassing $40 billion for the first time.
- The figures were announced on September 14 by the Ministry of Science and ICT and the Ministry of Trade, Industry and Resources, with semiconductors leading ICT exports at $46.67 billion.
- ICT exports accounted for 61.0% of the country's total exports ($98.25 billion), exceeding 60% for the first time, leaving diversification away from a few product categories as an ongoing challenge.
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Read the full article (machine translation) → Original article (Korean): 8월 ICT 수출 599.8억 달러…역대 최대 경신, 600억 달러 육박
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