South Korea's June exports surged 49.7% year-over-year with semiconductor shipments up 188.4%, as Samsung and SK Hynix commit $520B to new chip plants.

SEOUL, June 29 : South Korean exports likely posted their strongest annual growth in nearly five decades in June, as semiconductor shipments broke fresh records in the wake of a…

South Korea's June exports surged 49.7% year-over-year with semiconductor shipments up 188.4%, as Samsung and SK Hynix commit $520B to new chip plants.