HomeWorldSemiconductor production is rising...

Semiconductor production is rising to record levels in South Korea

Photo: Getty Images (pictured)

Production rose 65.3% from last year, the biggest increase since late 2009.

South Korea’s semiconductor output rose the most in 14 years in February 2024, highlighting the continued recovery of the critical industrial sector and global demand for the technology. Bloomberg writes about it.

Production rose 65.3% from a year earlier, the biggest increase since late 2009. Semiconductor shipments also rose 59%, although this was weaker than January’s 62.7%. Inventories fell 16.2%, falling for the second month in a row, another sign of strong demand.

Semiconductor manufacturing growth reportedly continued through March, as evidenced by chip exports rising 46.5% year-over-year in the first 20 days.

It is noted that the growing demand for memory related to artificial intelligence is one of the biggest drivers. The country’s second-largest chipmaker, SK Hynix, expects the positive trend to continue, particularly with supplies to Nvidia Corp.

Total industrial production rose 4.8%, more than the 4% forecast by economists. The Treasury Department said the economy’s renewed momentum is becoming more apparent.

Recall that the United States is also working to prevent American chip manufacturers from selling semiconductors to China in circumvention of government restrictions.

It was also reported that Russia, despite sanctions imposed by Western countries, imported advanced American and European chips worth more than a billion dollars last year.

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Trump is consecrated with the leader of the war in Europe in Ukraine – The Guardian

US President Donald Trump will discuss with European leaders the opportunity to put an end to the war in Ukraine. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } This weekend,...

Tailand announced loss in Cambodia

The Thai Ministry of Defense was reflected in the military invasion of Cambodia. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Today, on Saturday, July 26, the Thai naval fleet...

I excavated the skeleton of bends and the post -class in Dnieper and in the region

In the region, Dneper and Dnipropetrovsk, the number of dead and victims after a night attack increased. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The 21-year-old victim died in...

UAVs attacked the signal electronic plant in Rossi Stavropole (video)

Drones on Saturday morning, July 26, struck a signaling plant in the Russian Stavropol. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } One of the unmanned aerial vehicles fell into...

Ukraine and the Russian Federation organized in Zelensky with Putin – the head of Turcia Mid

Ukraine and Russia have reached a “fundamental agreement” at a meeting of President Vladimir Zelensky with dictator Vladimir Putin. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The last meeting...

Russian night attacked Ukraine with 208 drones and 27 missiles (photo)

The country of the aggressor inflicted a new huge blow to Ukraine. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } On the night of July 26, the enemy attacked 235...