South Korea's semiconductor chip exports fell again after 26 months, reaching less than $10.8 billion in August.

September 1 news, according to foreign media reports, Samsung Electronics and SK Hynix two memory chip manufacturers in South Korea, is an important global supplier of semiconductor products, semiconductor is also an important export commodity in South Korea, accounting for about 20% of South Korea's exports.

Against the backdrop of falling chip prices and sluggish terminal markets, South Korea's semiconductor exports have also been affected.

South Korea's Ministry of Trade, Industry and Energy announced that due to the global economic slowdown, reduced demand and falling prices, South Korea's semiconductor sales overseas fell to $10.78 billion in August, down 7.8% year-on-year.

According to South Korean media reports, August was South Korea's semiconductor exports, which fell again year-on-year after 26 months.

South Korea's semiconductor exports fell year-on-year in August and appeared at the end of last month. South Korean media quoted data from the South Korean Customs Office as saying that in the first 20 days of August, exports of information and communication technology products, including semiconductors and wireless communication products, declined significantly year-on-year, with exports of semiconductor products in the first 20 days falling by 7.5% year-on-year to US $6.27 billion.