South Korea is about to cross a trade milestone that only three countries have reached, and the AI boom in memory chips is doing most of the work. Figures released by the Ministry of Trade, Industry and Energy on November 1 show October exports totaled $115.28 billion, up 93.7 percent from a year earlier and the second-highest month on record behind September’s $121.1 billion. That brings the January-to-October total to $930 billion, leaving just $70 billion to reach $1 trillion. For reference, it took South Korea 31 years to go from $100 billion in 1995 to $1 trillion, compared with […]
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