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Industry

South Korea February exports hit record high, led by semiconductors for nine straight months

South Korea’s February exports rose 29.0 percent from a year earlier to $67.45 billion, the Ministry of Trade, Industry and Energy said on Saturday, marking the highest February total on record. Average daily exports climbed 49.3 percent to $3.55 billion, topping $3 billion for the first time. The trade surplus widened to $15.51 billion, a record for any period, extending a surplus streak to 13 months. Semiconductor exports surged 160.8 percent.

Industry

Industrial technology workforce hits 1.74 million, up for fourth straight year

South Korea’s industrial technology workforce rose for a fourth straight year, reaching 1,735,669 at the end of 2024, up 18,823 from a year earlier, the industry ministry said. Workers in 12 flagship industries totaled 1,156,025, or 66.6 percent. Semiconductor and biohealth jobs grew 4.3 percent and 4.0 percent. The capital region’s share edged up to 50.34 percent. The technology worker shortfall rose to 39,834.