Korea's industrial output edged up in March from the previous month, supported by strong semiconductor production, despite a prolonged slump, data showed Wednesday.
Police on Monday announced that they have uncovered 25 cases of technology leaks to foreign countries so far this year, marking the highest number since the National Investigation Headquarters was established in 2021.
While the first shock mostly hit manufacturing in developing economies, the second shock threatens the high value-added industry in developed economies.
Korea’s economy is contracting slower as a rebound in exports offsets weak domestic demand amid high interest rates.
Samsung Electronics will partner with Arm to optimize its next-gen AI chips for increased power and efficiency, aiming to better compete with TSMC.
President Yoon Suk Yeol will make a five-day visit to the Netherlands next week focused on building a "chip alliance" with the northern European nation, highlighted by a trip to the headquarters of leading Dutch semiconductor equipment maker ASML.
Korea's manufacturing confidence increased in December fueled by higher global demand for semiconductors. The professional survey index reached 100, up from 97 this month, indicating optimism in the sector.
Korea's industrial output rebounded by 2.2% in August, led by strong growth in the chip sector.
Korea posted a trade surplus for the second month in a row in July, despite exports that fell 16.5 percent on year.
Korea JoongAng Daily Sitemap
