South Korea's semiconductor inventory fell 42.6% YoY in August, signaling strong demand for memory chips.

South Korea's semiconductor inventory fell 42.6% year-over-year in August, the steepest decline since 2009, signaling strong demand for memory chips, especially in AI. Production and shipments rose by 10.3% and 16.1%, respectively. Overall industrial output increased by 1.2% in August, driven mainly by semiconductors and automobiles. Despite growth in these sectors, facility investment dropped by 5.4%, reflecting challenges in construction.

September 30, 2024
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