South Korean semiconductor overseas market sales in September were US$11.49 billion

Under the influence of the double decline in demand and prices, the sales of Korean semiconductors in overseas markets fell to US$10.78 billion in August this year, down 7.8% year-on-year, the first time in 26 months. Another year-on-year decline.

Judging from the latest data released by the Korean Ministry of Trade, Industry, and Energy, the sales of their semiconductor products in overseas markets in September have not yet recovered from a year-on-year growth.

According to the latest data released by the Ministry of Trade, Industry, and Energy of South Korea, sales of semiconductor products in overseas markets in September were US$11.49 billion, down 5.7% year-on-year.

Although there was a year-on-year decline, the sales of South Korean semiconductor products in overseas markets in September were still higher than the US$10.78 billion in August, and the month-on-month growth resumed.

As in August, sales of South Korean semiconductors in overseas markets fell year-on-year in September, which was still affected by the decline in demand and prices caused by the global economic slowdown.

South Korea, which is home to two memory chip manufacturers, Samsung Electronics and SK Hynix, is an important semiconductor supplier in the world. Semiconductors are also an important export commodity of South Korea, accounting for about 20% of their exports. The stability of overseas sales has an important impact on the stability of their exports.

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