In December, Korea’s semiconductor factory shipments rose 113.7% y-o-y – the biggest jump in a month since 1997, according to Statistics Korea, the national statistics office.

Inventories rose by 11.6% – the smallest rise since the collapse in demand in late 2022.

Production rose 53.3% y-o-y which was the biggest monthly rise since mid-2016.

Korea supplies two-thirds of global memory production.