Key facts
- South Korea's ICT exports reached a record high in May.
- The total value of ICT exports in May was $47.79 billion.
- This represents a 128.9% increase year-on-year.
- The surge was driven by demand for semiconductors.
- Demand for artificial intelligence-related products also contributed to the increase.
South Korea has achieved a new record for its information and communication technology (ICT) exports, reaching $47.79 billion in May. This figure represents a substantial year-on-year increase of 128.9%. The primary drivers behind this remarkable growth are the strong global demand for semiconductors and products related to artificial intelligence. This surge in exports highlights the nation's critical role in the global technology supply chain, particularly in advanced computing components. The positive trend suggests a strengthening of South Korea's economic position in the global market, fueled by innovation and high-demand technological goods. This performance is a key indicator of the health and competitiveness of the country's ICT industry on the international stage.