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Economists said that South Korea's overall exports in July are expected to increase by 59.0% over the same period last year. As the global AI data center investment and construction scale surges, Samsung Electronics and SK Hynix continue to drive a sharp increase in exports to South Korea. According to data compiled by Korea's statistics department, in the first 20 days of July, South Korea's exports increased sharply by 52.3% compared to the same period last year. Among them, exports of semiconductors dominated by memory chips surged by about 180.6%. The results of this investigation came at a time when the South Korean stock market was violently sold off. The benchmark stock index, the Korea Composite Stock Price Index, has fallen by more than 30% this month due to market concerns related to extreme deleveraging, clearing crowded positions, and slow optimism in AI capital expenditure.
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Economists said that South Korea's overall exports in July are expected to increase by 59.0% over the same period last year. As the global AI data center investment and construction scale surges, Samsung Electronics and SK Hynix continue to drive a sharp increase in exports to South Korea. According to data compiled by Korea's statistics department, in the first 20 days of July, South Korea's exports increased sharply by 52.3% compared to the same period last year. Among them, exports of semiconductors dominated by memory chips surged by about 180.6%. The results of this investigation came at a time when the South Korean stock market was violently sold off. The benchmark stock index, the Korea Composite Stock Price Index, has fallen by more than 30% this month due to market concerns related to extreme deleveraging, clearing crowded positions, and slow optimism in AI capital expenditure.
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