Korean Economy Continues to Improve on Strong AI-Led Exports, Investment
4 Articles
4 Articles
(Sejong = Yonhap News) Reporter Lee Dae-hee = The Korea Development Institute (KDI) stated on the 7th that the Korean economy is maintaining an improvement trend centered on investment in artificial intelligence (AI) ...
South Korea’s AI boom lifts growth while household gains continue to lag
The Korea Development Institute (KDI) said Monday that South Korea’s economy continued to improve in September, led by sectors tied to artificial intelligence investment (AI), as strong semiconductor exports and equipment spending supported manufacturing while gains in household income remained limited. Exports rose 68.7% year on year in August, while equipment investment increased 24.9% in […]
A state-run research institute has assessed that while the Korean economy continues to show an improvement trend centered on investments related to artificial intelligence (AI), the recovery in household consumption and youth employment remains limited.
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