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Latest / Chips, compute and energy

ReportComputeFrontierSouth Korea China USConfirmed

South Korea’s exports rise 93.7% in October on AI chip demand

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Source: Taipei Times

South Korea’s exports nearly doubled to US$115.28 billion in October 2026, up 93.7 percent from a year earlier and the sharpest jump in more than 50 years, according to government data released on 1 November. Semiconductor exports jumped 259.4 percent to US$56.44 billion and computer sales rose 496.6 percent. Reuters reported that more working days than a year earlier, because of the timing of the Chuseok holidays, boosted the rise. January-October exports totalled US$930 billion. Trade, Industry and Resources Minister Kim Jung-kwan said it is becoming certain that annual exports of US$1 trillion will be reached within November, which would make South Korea the fourth country after the US, China and Germany to reach that level.

Why it matters

Samsung Electronics and SK Hynix are posting surging profits as global big tech firms keep investing in facilities in the competition for AI industry leadership, which kept chip prices and volumes high in October.

When
1 Nov 2026
ID
WTA-N-2026-0603
Who
Samsung Electronics Co, SK Hynix Inc; Kim Jung-kwan

Summary written with AI by wheresthe.ai, from Taipei Times. Checked against the source on 1 Nov 2026.

Read the original at Taipei Times

Source copy: saved on 2 Nov 2026 to check this story and not republished, because the text belongs to its publisher. Also held by the Internet Archive.

Earlier in this Storyline: What led hereSamsung Electronics Q3 operating profit hits record 107.44 trillion won

Cite this story

WTA-N-2026-0603: “South Korea’s exports rise 93.7% in October on AI chip demand.” wheresthe.ai, 1 Nov 2026. https://wheresthe.ai/d/kr-south-korea-s-exports-rise-93-7-in-october-on-ai-chip-dem-2026-11/ (source: Taipei Times).

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