South Korean chip output increased by 12.9% month-on-month in September and is expected to continue to grow in the coming months.

October 31 news, from the financial reports of a number of chip companies, there are signs of improvement in the demand of the global chip market. Intel's revenue has increased for two consecutive quarters compared with the previous quarter, and Samsung's electronic storage business and SK Hynix's revenue have also increased for two consecutive quarters.

The improvement in global chip demand is undoubtedly good for Samsung Electronics and SK Hynix and South Korea's chip industry, helping them to alleviate the difficulties that began in the second half of last year.

Data released by South Korea also show that the output of their chips increased by 12.9% in September from a month earlier, leading South Korea's industrial production to grow by 1.1% in September, and then for two consecutive months.

In the newly released third-quarter results, Samsung Electronics, the world's largest memory chip manufacturer, disclosed that although the demand for traditional servers is still relatively weak, thanks to the increased adoption of high-density products in areas such as smart phones and PC, customer inventory adjustment and strong demand for high-end AI products, the demand environment for memory chips is already improving and may be further improved in the fourth quarter.

It is worth noting that at the end of the third quarter and the beginning of the fourth quarter, a number of major electronic product manufacturers, including Apple, launched new smartphones, notebooks and other new products, the demand for memory chips will increase, which is also expected to boost Samsung electronic storage business and SK Hynix revenue, the output value of Korean chips in the next few months, is also expected to continue to increase month-on-month.