Banks Lift South Korean Growth Forecast on AI Chip Boom

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Overseas IBs Average Forecast for Korea’s Growth to Rise to 3% Range... Upward by 1 Percentage Point in Six Months. Driven by a record-breaking semiconductor export boom, the average forecast for South Korea’s economic growth this year by major overseas investment banks (IBs) has risen to the 3% range for the first time. According to the International Finance Center on the 7th, the forecasts presented by eight major IBs as of the end of last mon…

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Lim Ji-woo = Driven by an unprecedented semiconductor export boom, major overseas investment banks (IBs) have projected this year's South Korean economic growth rate to average the 3% range for the first time...