Close Menu
    Praia NewsnetPraia Newsnet
    • Home
    • Contact Us
    • Automotive

      Jaguar Type 01 electric GT debuts with 1,030 PS

      October 7, 2026

      Japan new car sales rise 1.8% in first half of 2026

      July 2, 2026

      Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

      May 18, 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
    • Business

      Oil prices hit $110 a barrel on Middle East supply fears

      October 17, 2026

      Egypt remittances hit record $33.9 billion in eight months

      October 16, 2026

      Oman power output rises while water production falls

      October 12, 2026

      Indonesia draws $7.33 billion in foreign funds in 2026

      October 12, 2026

      Africa launches first continental credit rating agency

      October 9, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Moscow hosts historic 47th international festival

      April 19, 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

      WHO sets global 24-hour target for emerging health threats

      October 13, 2026

      EU announces investment in health of almost €170 million

      October 10, 2026

      Psyllium intake may improve glucose control in adults

      October 6, 2026

      DR Congo Ebola toll rises above 4,000 deaths

      October 5, 2026

      Appendix surgery tied to lower colorectal cancer diagnoses

      October 5, 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

      Abdullah bin Zayed and Jaishankar discuss UAE-India ties

      October 20, 2026

      Mohamed bin Zayed and Macron review UAE-France ties

      October 20, 2026

      Earthquake of magnitude 5.6 hits Pakistan’s Balochistan province

      October 19, 2026

      Guterres warns a million species at risk ahead of COP17

      October 17, 2026

      Thailand flooding leaves 71 dead and millions affected

      October 13, 2026
    • Sports

      Ballon d’Or 2026 shortlist sets stage for London awards

      September 9, 2026

      Messi ends Argentina career with 207 caps and 125 goals

      September 1, 2026

      FIA President meets with Hungarian PM and Czech President

      July 28, 2026

      Portugal fall to Spain as Ronaldo legacy closes

      July 7, 2026

      Brazil exits World Cup after Norway Round of 16 victory

      July 6, 2026
    • Technology

      Samsung charts next-generation memory path for AI systems

      October 16, 2026

      Meta rolls out Muse Wonder models for agentic AI tasks

      October 13, 2026

      EU unveils EUCCS plan for secure emergency communications

      October 1, 2026

      AI gains wider role in China’s traditional medicine system

      October 1, 2026

      Apple sets October debut for iPhone Duo foldable phone

      September 16, 2026
    • Travel

      Air Arabia launches Sharjah flights to Amman City Airport

      October 9, 2026

      Air Arabia resumes daily Ras Al Khaimah Kozhikode service

      October 7, 2026

      flydubai showcases growing Syria network with daily flights

      September 29, 2026

      Emirates enters winter season with strong booking momentum

      September 15, 2026

      Etihad sets October start for Abu Dhabi Saudi Red Sea route

      September 9, 2026
    Praia NewsnetPraia Newsnet
    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

    MENA Newswire Launches AfricaWire Distribution Network

    October 19, 2026

    Oil prices hit $110 a barrel on Middle East supply fears

    October 17, 2026

    Samsung charts next-generation memory path for AI systems

    October 16, 2026

    Egypt remittances hit record $33.9 billion in eight months

    October 16, 2026

    Oman power output rises while water production falls

    October 12, 2026

    Indonesia draws $7.33 billion in foreign funds in 2026

    October 12, 2026
    Latest News

    Abdullah bin Zayed and Jaishankar discuss UAE-India ties

    October 20, 2026

    Mohamed bin Zayed and Macron review UAE-France ties

    October 20, 2026

    Earthquake of magnitude 5.6 hits Pakistan’s Balochistan province

    October 19, 2026

    Guterres warns a million species at risk ahead of COP17

    October 17, 2026
    © 2026 Praia Newsnet | All Rights Reserved
    • Home
    • Contact Us

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