SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: DJBEINO who wrote (2693)3/4/1998 11:32:00 PM
From: DJBEINO  Respond to of 9582
 
KOREA'S EXPORTS OF SEMICONDUCTOR CHIPS DOWN FOR TWO YEARS

SEOUL, March 5 Asia Pulse - Exports of South Korea's main
export item, semiconductor chips, are being stalled for two
years in a row, while the country's chip imports have remained
at the two-digit level over the past four years.
The surplus in semiconductor chip trade, which amounted to
more than US$10 billion, has now withered to a mere $4.5
billion.
The Korea International Trade Association (KITA) said chips
exports have been skidding after hitting a peak in 1995 with
exports of $22.1 billion. They fell to $17.8 billion the
following year, down 19.3 percent, and to $17.4 billion last
year, down 2.4 percent.
The slowdown in exports over the past two years has been
attributed to a rapid cut in the price of 16 Megabit DRAM
chips.
On the contrary, the imports of semiconductor chips
amounted to $6.5 billion in 1994, $9.1 billion in 1995, and
$10.5 billion in 1996. They amounted to $12.9 billion last
year, up 22.2 percent from the year before.
The surplus in chips trade, the highest in 1995 with $13
billion, declined to $7.3 billion the following year and then
shrivelled to $4.5 billion last year.
Production of central processing units in computers and
semi-finished assembly package units of computers, where
non-memory chips are needed, have been responsible for the
increase in chip imports, and would continue to expand,
industry sources said.