BusinessPhoto: Firstpost BusinessSouth Korea's Economy Grows 1% Driven by Chip Exports
South Korea's economy grew 1% in the July-September quarter, surpassing expectations due to strong semiconductor exports and increased investment in chipmaking equipment amid the global AI boom. GDP expanded 3.4% year-on-year, beating forecasts despite a slowdown from the previous quarter. Exports rose 2.3%, imports 2.4%, and facilities investment increased 4.1%, highlighting uneven recovery with declining private consumption.
Firstpost Business·

