Top 10 firms take up over 60% of Korea's exports in Q3 amid chip boom
5 Articles
5 Articles
Top 10 firms take up over 60% of Korea's exports in Q3 amid chip boom
The share of Korea's top 10 exporters in the country's total outbound shipments rose sharply in the third quarter from a year earlier, data showed Tuesday, driven by strong demand for semiconductors and other technology products. Exports by the top 10 companies accounted for 60.9 percent of total exports in the July-September period, up from 40.5 percent a year earlier, according to data compiled by the Ministry of Data and Statistics. The count…
The National Data Agency and the Korea Customs Service announced on the 10th that the trade concentration of Korea's top 10 companies stood at 60.9% in the third quarter of this year. This means that trade imbalance has intensified to the point where the top 10 companies account for more than 60% of the nation's total exports. This is a result of the unprecedented semiconductor export boom being concentrated among major corporations. According t…
(Sejong = Yonhap News) Reporter Ahn Chae-won = Driven by strong semiconductor exports, the export value of large conglomerates in the third quarter of this year more than doubled compared to the same period last year. In terms of overall exports...
Driven by a semiconductor boom, the top 10 companies, including Samsung Electronics and SK Hynix, accounted for over 60% of total exports in the third quarter (July–September). The trade concentration of these companies reached an all-time high. Both export and import figures also hit record highs. This was announced on the 10th by the National Data Center and the Korea Customs Service.
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