Industry

Memory prices at $45 drive 178.8% jump in semiconductor exports

Rising memory prices pushed South Korea\'s semiconductor exports above $40 billion for a second straight month. The Ministry of Trade, Industry and Energy said July semiconductor exports rose 178.8% from a year earlier to $41.01 billion, the second-highest monthly total on record after June\'s $44.8 billion. Total exports climbed 62.8% to $98.89 billion and the trade balance recorded a $30.32 billion surplus.

Mobility

China and Thailand lead EV war as Japan and U.S. lag, analysis says

China and Thailand are moving ahead in reshaping the global auto industry by using domestic electric vehicle rollout policies to build export competitiveness, an analysis said. The key is the pace of electrification at home rather than export results alone. China’s plans target a sharp rise in new energy vehicles on its roads, supporting scale, learning effects and supply chains. Thailand is adjusting incentives toward export compensation as it becomes an EV export base.