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South Korea's chip exports to China sink as US controls tighten
The Straits Times
|March 18, 2025
South Korea's semiconductor exports to China plunged in February, deepening concerns about a cooling in global demand already threatened by US tariffs, as Washington steps up its restrictions on technology supplies to Beijing.
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SEOUL -
Chip sales to the world's second-largest economy, including Hong Kong, fell 31.8 per cent from a year earlier, according to South Korea's Trade Ministry. That is bigger than the 22.5 per cent contraction reported for January, and comes after a 2024 rally that helped fuel South Korea's economic growth.
This story is from the March 18, 2025 edition of The Straits Times.
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