South Korea Semiconductor Exports Hit Record $46.55 Billion

CNBC reported that South Korea's semiconductor exports reached a record $46.55 billion in August, up 209 percent from a year earlier. The figure represented 47.5 percent of the country's $98.25 billion in goods exports that month, according to the Ministry of Trade, Industry and Resources. The business news outlet noted the surge has benefited Asia's fourth-largest economy but questioned whether heavy reliance on the sector could pose risks if growth slows.