Sales in overseas markets of Korean semiconductors reached 11.49 billion US dollars in September, still down from a year earlier.
October 11 news, according to foreign media reports, under the influence of the dual decline in demand and prices, South Korean semiconductor sales in overseas markets fell to US $10.78 billion in August this year, down 7.8% from the same period last year, and declined again after 26 months.
According to the latest data released by South Korea's Ministry of Trade, Industry and Energy, sales of their semiconductor products in overseas markets did not resume growth in September compared with the same period last year.
Sales of semiconductor products in overseas markets fell 5.7 per cent year-on-year to $11.49 billion in September, according to the latest figures released by South Korea's Ministry of Trade, Industry and Energy.
Despite a year-on-year decline, sales of South Korean semiconductor products in overseas markets in September were up from $10.78 billion in August, returning to growth from a month earlier.
As in August, sales of Korean semiconductors in overseas markets fell in September from a year earlier, still affected by falling demand and prices caused by the global economic slowdown.
South Korea, which is home to two major memory chip manufacturers, Samsung Electronics and SK Hynix, is an important supplier of semiconductors in the world. Semiconductors are also important exports of South Korea, accounting for about 20% of their exports. The stability of overseas sales of semiconductor products has an important impact on the stability of their exports.
