-
Kenya's economy faces climate change risks: World Bank
-
Baltics transform from Soviet stagnation to startup hubs
-
AI keeps consumer prices high in 'RAMaggedon' chip crunch
-
Five of Cuba's 15 provinces without power as grid fails again
-
Baltic startups take aim at deterring Russia on NATO's eastern flank
-
OPEC+ tipped to raise production again but new quotas loom
-
France's largest wildfire in decades 'under control', says minister
-
South Korea baseball league cancels two games over heatwave
-
Warsaw and Kyiv exhume Volyn victims at centre of diplomatic quarrel
-
India PM Modi says he forgives protesters who abused him
-
California lifeguards wiped out from extreme weather
-
US plans steep water cuts for southwest amid Colorado River crisis
-
Amazon surges as US stocks shrug off bond yield worries
-
Oil giants report blowout profits on war, warn high gas prices could persist
-
Hungary to shut nuclear plant as heatwave hits central Europe
-
Google launches new satellite image AI tool, alarming researchers
-
Tech-fuelled rally fizzles as oil prices rise
-
US Fed dissenters call for rate hikes over sustained inflation
-
Alarm over climate-linked low level of German waterways
-
New York sues online prediction markets giant Kalshi
-
Commerzbank agrees to talks with UniCredit after two-year standoff
-
Profits surge at US oil giant amid Iran war supply shock
-
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
-
Stock markets rally on tech rebound
-
Japan probe made closest-ever asteroid flyby: space agency
-
France, Spain assess scorched terrain as new wildfires threaten other regions
-
British oil giant BP aims to sell North Sea business
-
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
-
China factory activity slides as leaders seek spending boost
-
Far right and far left battle for power in polarised Berlin
-
Tech rebound fuels record-breaking rally in South Korean stocks
-
The last trio: S.Africa's zoo elephants await their fate
-
Cables and cooling bring AI windfall to Indian suppliers
-
Oil industry sees war windfall but girds for political blowback
-
Anthropic's models gained unauthorized 'real-world' access during testing
-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
Blowout Microsoft results lift US stocks as oil retreats
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
AI, chips boom sent South Korea exports soaring in 2025
Soaring global demand for semiconductors fuelled by a boom in artificial intelligence sent South Korea's exports to their highest-ever level in 2025, official data showed Thursday.
Total exports last year were valued at over $700 billion, according to data from Seoul's industry ministry, up 3.8 percent from the previous year.
The worldwide surge in interest in artificial intelligence saw semiconductor industry exports reach $173.4 billion in 2025 -- a record high and an increase of more than 20 percent from the previous year, the ministry said.
High-priced memory chips used in AI data centres were in strong demand, they added.
Semiconductor exports in December alone rose more than 40 percent year-on-year, posting gains for a tenth consecutive month and marking the highest monthly figure on record.
South Korean tech juggernaut Samsung Electronics is one of the world's top memory-chip makers, providing crucial components for the AI industry and the infrastructure it relies on.
The country is also home to SK hynix, another key player in the global semiconductor market.
And South Korean President Lee Jae Myung has vowed to triple spending on AI this year -- a move aimed at propelling the country into the ranks of the world's top three AI powers behind the United States and China.
Cars, South Korea's other key export, also performed strongly, with auto shipments rising to $72 billion, the highest on record despite US tariff pressures.
Other sectors like agriculture and cosmetics also recorded their highest-ever figures, buoyed by strong global interest in the country's pop culture powerhouse, its food and beauty products.
- 'Challenging conditions' -
Exports rose everywhere except to the United States and China, weighed down by tariffs on steel, automobiles and machinery.
Asia's fourth-largest economy was initially hit with a 25 percent across-the-board tariff by the United States but managed to secure a last-minute agreement for a reduced 15 percent rate.
South Korea is one of Washington's biggest trade partners.
The new record was "achieved amid challenging domestic and external conditions", industry minister Kim Jung-kwan said in a statement.
It also "serves as an indicator of the South Korean economy's solid resilience and growth potential," he said.
But, he warned, "export conditions this year are expected to remain difficult, as uncertainties persist in the trade environment, including the sustainability of semiconductor demand".
Y.Ponomarenko--CPN