[FLASH] South Korea's October exports up 93.7% to ~$115.3B as chip shipments rise 259% to $56.4B
Trade ministry data reported Nov 1 by Yonhap (via Korea Herald) and Xinhua show October exports of about $115.3B. Semiconductors were $56.44B, roughly half of the total, which the ministry attributed to AI-infrastructure spending and higher memory prices. The figure is the hardest macro read on AI memory demand this week. Sources differ on whether it is an all-time monthly record: Xinhua ranks it second after September's $121.1B. Next: whether annual exports pass $1T in November as the ministry expects, and how this squares with the softer memory guidance from Kioxia.