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

South Korea's exports jumped 93.7 percent year-on-year to a record $115.3 billion in October, driven by strong semiconductor sales, according to Yonhap and the Korea Times. KBS World adds that exports surpassed $110 billion for the second straight month and topped $900 billion for the January-October period, fueled by AI demand. DRAM prices also hit a new record in October, per Business Korea. Korean media frame this as a historic milestone, with the export surge widely attributed to the global AI-driven chip boom.

  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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