Q1 Growth Driven by Semiconductors... Korea Surpasses China to Rank First Among Major Countries
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2 Articles
First-Quarter Growth Driven by Semiconductors... Korea Overtakes China to Rank First Among Major Countries Having achieved a surprise 1.7% growth in the first quarter (January–March), Korea is currently leading the growth tier among major nations this year. This is due to the country emerging as a major beneficiary of the semiconductor super-boom driven by global investment in artificial intelligence (AI). On the 12th
Semiconductor Boom Lifts Korea’s Q1 Growth Rate to No. 1 Among 22 Economies
South Korea’s GDP growth rate for the first quarter expanded 1.694 percent from the previous quarter, the highest among 22 major economies. South Korea’s real gross domestic product (GDP) growth rate for the first quarter of this year has emerged as one of the highest among major global economies. Following a sluggish fourth quarter last year, the economy rebounded sharply on the back of surging exports, particularly in semiconductors and other …
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