South Korea’s GDP growth beats forecasts amid AI boom
- Asia’s fourth-largest economy grows 3.4 percent year-on-year amid strong semiconductor demand.
- South Korea’s economy grew much faster than expected in the July-September quarter amid booming demand for chips used in artificial intelligence (AI).
- Gross domestic product (GDP) expanded 1 percent on a quarterly basis, or 3.4 percent year-on-year, advance estimates released by the Bank of Korea showed on Tuesday.
Unverified
- Asia’s fourth-largest economy grows 3.4 percent year-on-year amid strong semiconductor demand.
- South Korea’s economy grew much faster than expected in the July-September quarter amid booming demand for chips used in artificial intelligence (AI).
- Gross domestic product (GDP) expanded 1 percent on a quarterly basis, or 3.4 percent year-on-year, advance estimates released by the Bank of Korea showed on Tuesday.
Sources: Al Jazeera