Latest

S Korea: IT Exports Hit Record High in May

South korea: South Korea's exports of information and communication technology (ICT) products reached a record high in May, driven by demand for semiconductors and other products related to artificial intelligence (AI). According to Yemen News Agency, the value of ICT exports reached $47.79 billion last month, a 128.9% increase compared to the same month last year, according to data released by the South Korean Ministry of Science and ICT. The ministry stated that this is the first time monthly ICT exports have exceeded $40 billion for three consecutive months.