Monday, July 14, 2025

Business

South Korea's ICT exports rise 5.8 pc in H1 2025 on global chip demand

IANS | July 14, 2025 10:34 AM

SEOUL: South Korea's exports of information and communication technology (ICT) products rose 5.8 per cent in the first half from a year earlier, driven by robust semiconductor sales amid growing demand for data centres, government data showed on Monday.

Outbound shipments of ICT products reached US$115.16 billion in the January-June period, up from $108.83 billion a year earlier, the Ministry of Science and ICT said, reports Yonhap news agency.

ICT imports rose 5 percent on-year to $70.92 billion in the first six months, resulting in a trade surplus of $44.24 billion in the sector.

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