February exports rise on the back of strong semiconductor sales

South Korea’s exports have increased for the
first time in over a year. The trade ministry said Sunday that the country’s
outbound shipments rose four-point-five percent on-year in February,… marking the first
time exports grew in fifteen months. This comes on the back of stronger semiconductor
sales,… which have seen a rise in global demand as well as unit prices for DRAM memory
chips. Also, boosting the figures may have been more
working days last month compared to 2019 when the Lunar New Year holiday fell in February.

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