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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, data showed Sunday. Yonhap reports the surge was fueled by strong global demand for semiconductors, while KBS World notes exports surpassed $110 billion for the second consecutive month and topped $900 billion for the first time in the January-October period, driven by an ongoing AI-fueled boom. Business Korea adds that DRAM prices reached a new record in October, with NAND flash maintaining its highest price.

  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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