SeoulSouth Korea’s economy grew 1% last quarter, 3x the forecast.
Memory chips carry the boom while private consumption fell 0.2%.
Customs data show chips made nearly half of September’s $120.9bn exports, and SK Hynix and Samsung hold about 80% of high-bandwidth memory.
The finance minister expects 3.4-3.6% growth for 2026, the strongest since 2011 outside the pandemic.
How each outlet framed it
drawn from 150+ reports worldwide
- Al Jazeera Online
- anchors growth in the Bank of Korea's Q3 advance estimate and notes private consumption fell 0.2% despite exports
Sources: Al Jazeera Online