Close Menu
    • Home
    • Contact Us
    Riyadh ReviewRiyadh Review
    • Automotive

      FIA expands road safety program in Middle East and Africa

      May 1, 2026

      Mercedes-Benz unveils electric C-Class in Seoul

      April 21, 2026

      2027 Mercedes-Benz S-Class adds DIGITAL LIGHT micro-LEDs

      January 30, 2026

      Tesla boosts China-made EV shipments by 9.9 percent

      December 4, 2025

      New Porsche Cayenne Electric delivers 850kw power and 2.5s acceleration

      November 19, 2025
    • Business

      South Korea ICT exports hit $42.7 billion in April

      May 14, 2026

      ADNOC Distribution posts record Q1 profit growth

      May 14, 2026

      India unveils sovereign-backed maritime insurance pool

      May 14, 2026

      EMSTEEL Q1 net profit jumps as margins widen

      May 14, 2026

      ADNOC Gas posts resilient Q1 profit despite disruption

      May 13, 2026
    • Entertainment

      Ben Affleck AI remarks ignite Hollywood creative backlash

      January 27, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Russian capital hosts 47th annual film festival

      April 18, 2025

      Legal action against ‘Ketamine Queen,’ doctors in Perry overdose

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      Measles outbreak in Bangladesh leaves toll at 415

      May 12, 2026

      DR Congo lifts national mpox emergency after two years

      April 3, 2026

      UNICEF and partners launch $300m child nutrition drive

      March 13, 2026

      WHO prequalifies additional polio vaccine to curb new cVDPV2

      February 14, 2026

      WHO IARC maps preventable cancer risks across 185 countries

      February 4, 2026
    • Lifestyle

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023

      From labels to legacy – understanding fashion’s hierarchy

      August 21, 2023
    • Luxury

      Global luxury market contracts for first time since Great Recession

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Trump opens China visit with Xi talks in Beijing

      May 14, 2026

      Pakistan suicide bombing kills 10 in Lakki Marwat

      May 13, 2026

      Turkish Airlines jet evacuated after Kathmandu landing

      May 12, 2026

      Gaza and regional stability shape Egypt France talks

      May 11, 2026

      Mayon eruption widens farm toll as crop checks continue

      May 11, 2026
    • Sports

      Magnitude claims Dubai World Cup 2026 title with strong run

      March 29, 2026

      Dubai World Cup expands global TV reach at Meydan

      March 27, 2026

      Dubai World Cup night draws top horses to Meydan

      March 24, 2026

      Asia Rugby ratifies Dubai operations office

      March 18, 2026

      Griekspoor meets Medvedev in Dubai title match

      February 28, 2026
    • Technology

      Space42 says Foresight boosts UAE space industry

      May 8, 2026

      China sends 18 Qianfan internet satellites into orbit

      April 8, 2026

      Nvidia CEO urges students to graduate fluent in AI

      March 25, 2026

      India weighs $11 billion fund to boost chipmaking

      March 13, 2026

      India and Finland upgrade ties with digital and green pact

      March 6, 2026
    • Travel

      flydubai adds daily Dubai Bangkok flights from July

      April 21, 2026

      Etihad expands Africa network with six new routes

      April 18, 2026

      Yas Waterworld adds 11 attractions for April 4 opening

      March 24, 2026

      Emirates says full flight network to return within days

      March 7, 2026

      Etihad restarts limited Abu Dhabi flights from March 6

      March 6, 2026
    Riyadh ReviewRiyadh Review
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Home » South Korea ICT exports hit $42.7 billion in April
    Business

    South Korea ICT exports hit $42.7 billion in April

    May 14, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    SEOUL, SOUTH KOREA / MENA Newswire / — South Korea’s information and communication technology exports rose 125.9% from a year earlier to $42.71 billion in April, extending a semiconductor-led surge and marking the second consecutive month the sector has remained above $40 billion. Data released on May 14 by the Ministry of Science and ICT showed April produced the steepest annual increase on record for ICT exports and the second-highest monthly total by value, following March’s record $43.51 billion as global demand for AI-linked hardware stayed strong.

    South Korea ICT exports hit $42.7 billion in April
    Korea’s tech export rebound strengthens with another month above $40 billion.

    Imports of ICT products increased 33.3% to $16.16 billion in April, leaving a trade surplus of $26.55 billion. The ministry’s figures showed ICT goods made up 49.7% of South Korea’s total exports of $85.89 billion for the month, underscoring the sector’s central role in the country’s trade performance. Separate April trade data released earlier by the Ministry of Trade, Industry and Energy showed South Korea’s overall exports also rose sharply, supported largely by technology shipments and a jump in semiconductor sales.

    Semiconductors remained the dominant driver. Chip exports climbed 173.3% from a year earlier to $31.91 billion, topping $30 billion for a second straight month as demand for memory products remained elevated amid continued investment in artificial intelligence infrastructure. Computers and peripherals also surged, rising 430.0% to $4.26 billion, helped by solid-state drive demand tied to servers and data centers. Mobile phone exports rose 14.0% to $1.36 billion, while telecommunications equipment exports increased 9.9% to $220 million. Display exports were the main weak spot, falling 5.3% to $1.44 billion.

    Semiconductors anchor trade surplus

    April’s figures kept intact a run of uninterrupted ICT export growth that has stretched to 15 consecutive months since February 2025. The trade surplus in the sector has now exceeded $20 billion for three straight months, reflecting how high-value technology shipments are offsetting softer performance in other export categories. The April ICT surplus of $26.55 billion followed strong readings in February and March and reinforced the concentration of export gains in chips, storage products and related hardware used across the AI supply chain.

    By market, overseas demand was strongest in the United States and China. Exports to the United States rose 294.2% from a year earlier to $7.90 billion, while shipments to China, including Hong Kong, increased 132.1% to $16.77 billion. Exports also rose to Vietnam, Taiwan, India, the European Union and Japan, according to ministry data. Semiconductor exports accounted for the largest share of shipments to both the United States and China, with phones and computers also contributing to the increase in U.S. demand.

    Broader export momentum continues

    The April ICT data align with South Korea’s wider export rebound, which has been driven by global spending on servers, memory chips and related technology infrastructure. National exports rose 48.0% from a year earlier in April, the country’s second-highest monthly export total on record, while semiconductor shipments across all sectors reached $31.90 billion. The overlap between the broader trade report and the ICT breakdown highlighted how deeply the semiconductor cycle is shaping South Korea’s export profile and lifting the value of outbound tech shipments.

    For policymakers, the latest figures offered further evidence that chip and data-storage products are carrying the country’s external sector even as some other categories remain uneven. The Ministry of Science and ICT said the April results were led by strong overseas demand for products linked to the artificial intelligence ecosystem, while the month’s export mix showed gains across semiconductors, computers, phones and communications equipment. With April following a record March, South Korea’s ICT sector entered the second quarter near historic highs in value and with its largest annual increase on record.

    Related Posts

    Trump opens China visit with Xi talks in Beijing

    May 14, 2026

    ADNOC Distribution posts record Q1 profit growth

    May 14, 2026

    India unveils sovereign-backed maritime insurance pool

    May 14, 2026

    EMSTEEL Q1 net profit jumps as margins widen

    May 14, 2026

    Pakistan suicide bombing kills 10 in Lakki Marwat

    May 13, 2026

    ADNOC Gas posts resilient Q1 profit despite disruption

    May 13, 2026
    Latest News

    South Korea ICT exports hit $42.7 billion in April

    May 14, 2026

    Trump opens China visit with Xi talks in Beijing

    May 14, 2026

    ADNOC Distribution posts record Q1 profit growth

    May 14, 2026

    India unveils sovereign-backed maritime insurance pool

    May 14, 2026
    © 2026 Riyadh Review | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.