Shulou(Shulou.com)11/24 Report--

November 29 news, according to foreign media reports, in the case of declining demand for consumer electronic products and demand for memory chips, resulting in a decline in both shipments and prices, exports of South Korean semiconductor products, it has also declined for three consecutive months compared with the same period last year since August.

Although the export volume of South Korean semiconductor products has declined for three consecutive months compared with the same period last year, the export of their semiconductor products this year is still considerable.

According to foreign media reports, South Korean semiconductor exports reached 102.5 billion US dollars in the first three quarters of this year, according to data released by the Korea Trade Association on Monday local time. On average, South Korean semiconductor exports reach $11.389 billion a month.

However, South Korean semiconductor exports fell 17.4% in October from a year earlier to $9.23 billion, down from $11.49 billion the previous month, according to data released by South Korea's Ministry of Trade, Industry and Energy earlier this month.

If South Korea's semiconductor exports do not rise in November and December compared with October, their semiconductor exports this year may be less than $130 billion.

South Korea exports semiconductors, mainly memory chips. They have two major memory chip manufacturers, Samsung Electronics and SK Hynix. Semiconductors are South Korea's important export commodities, accounting for about 20% of their exports. The export of semiconductor products also has an important impact on their overall export situation.

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