Korean semiconductor production rose 42% in November while shipments rose 80% says Statistics Korea.
The November rise was the largest increase in 18 months. November inventories rose by 36% – the smallest rise since February.
Korea’s economy grew 5.3% in November. It is expected to grow 1.4% in 2023, down from 2.6% in 2022, and forecast to grow 2.2% in 2024.
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