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Korea's October exports hit record $115.3B on chip demand

South Korea's exports jumped 93.7 percent to a record $115.3 billion in October from a year earlier, driven largely by a sharp increase in semiconductor shipments, according to data released Nov. 1. Yonhap and the Korea Times both report the record figure, with KBS World noting exports surpassed $110 billion for the second consecutive month and topped $900 billion for the January-October period, fueled by ongoing AI demand. Business Korea adds that DRAM prices reached a new record high in October, while NAND flash maintained its highest price from the previous month. The export surge reflects strong global demand for semiconductors, with the record monthly total marking a significant milestone for the trade-dependent economy.

  1. Korea's monthly exports hit $115.3 bil. in Oct. on strong chip sales Korea Times · 2026-11-01
  2. S. Korea's monthly exports hit US$115.3 bln in Oct. on record chip sales Yonhap · 2026-11-01
  3. October Exports Hit Second-Highest Monthly Total on Record KBS World · 2026-11-01
  4. DRAM Prices Reach New Record in October Business Korea · 2026-10-30

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