South Korea March exports up for sixth month on chip sales; miss estimates
© Reuters. FILE PHOTO: A view shows Samsung Electronics' chip production plant at Pyeongtaek, South Korea, in this handout picture obtained by Reuters on September 7, 2022. Samsung Electronics/Handout via REUTERS/File PhotoSEOUL - Robust demand for South Korean chips helped Asia's fourth-largest economy post export growth for a sixth consecutive month in March, albeit at a pace slightly slower than expected, data showed on Monday.
A month earlier, exports rose 4.8% on year, hinting at recovery in economic momentum even as consumer sentiment remained fragile due to higher produce prices. Overseas sales of chips grew for a fifth successive month, rising 35.7% and logging the best performance by value in two years, trade ministry data showed.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
North Korea resumes missile tests days after U.S., South Korea conclude military drillsNorth Korea fired multiple short-range ballistic missiles toward its eastern waters, days after the end of the South Korean-U.S. military drills that the North views as an invasion rehearsal.
Read more »
South Korea says North Korea has fired a ballistic missile toward the North’s east coast.South Korea says North Korea has fired a ballistic missile toward the North’s east coast.
Read more »
South Korea to speed up reforms for boosting shareholder returns and tackling 'Korea discount'The Financial Services Commission chairman Kim So-young said regulators will be speeding up the schedule for the earlier announced reforms.
Read more »
How to Watch Dodgers vs. Padres Online: Stream the 2024 MLB Season Opener in KoreaThe MLB regular season begins March 20 in Seoul, South Korea.
Read more »
Seoul says North Korea fires missile toward the North’s eastern watersSouth Korea says North Korea has fired a ballistic missile toward the North’s east coast
Read more »
Seoul says North Korea fires missile toward the North's eastern watersSouth Korea says North Korea has fired a ballistic missile toward the North’s east coast
Read more »