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ict

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ICT exports hit all-time high in May on AI chip demand

New peak marked the third straight month the sector's outbound shipments crossed the $40 billion level.

2026.6.14

A 300-millimeter (11.8-inch) wafer at as seen at Semicon Korea 2023 in Gangnam District, southern Seoul, on Feb. 1, 2023. [NEWS1]

ICT exports post record on-year increase in April driven by AI-related products

Korea's exports of ICT products posted their steepest on-year increase in April, driven by strong overseas demand for chips and other items related to the AI ecosystem, data showed Thursday.

2026.5.14

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This render represents sovereign AI. [YONHAP]

R&D spending by Korean ICT companies rose 13 percent in 2024: Ministry

Investments in research and development (R&D) made by Korean internet and communication technology (ICT) companies rose in 2024 from a year earlier, due to the AI boom, government data showed Wednesday.

2026.4.29

Shipping containers are stacked at a port in Pyeongtaek, Gyeonggi, on April 1. [YONHAP]

ICT exports for March more than double since last year on chip demand

Korea's exports of information and communication technology (ICT) products more than doubled in March from a year earlier, driven by strong semiconductor demand amid the global AI boom, government data showed Tuesday.

2026.4.14

This file photo shows an electronics store in Seoul on Jan. 25. [YONHAP]

ICT exports double in February driven by AI chip demand

Korea's exports of information and communication technology (ICT) products more than doubled in February from a year earlier, with shipments of chips soaring amid the global AI boom, data showed Thursday.

2026.3.12

Containers are stacked at a port in the southeastern city of Busan in this file photo taken on Jan. 28. [YONHAP]

Monthly ICT exports soar 78 percent on year due to global AI infrastructure demand

Korea's exports of information and communication technology (ICT) products jumped 78 percent in January from a year earlier, backed by global demand for AI infrastructure projects, data showed Thursday.

2026.2.12

This undated file photo, provided by the Ministry of Science and ICT, shows its headquarters in the central city of Sejong. [YONHAP]

Gov't-backed research firm enters U.S. market as arm of Nasdaq-listed firm

The Science Ministry said Monday a local AI research firm nurtured at a state-run industrial cluster has become an affiliate of a Nasdaq-listed rare earth supply chain company, effectively entering the U.S. stock market.

2026.2.2

Science Minister Bae Kyung-hoon delivers a welcoming speech at an AI event held at COEX in southern Seoul, on Dec. 30. 2025. [NEWS1]

Gov't to spend $5.6B on science, ICT R&D this year

The Ministry of Science and ICT said Thursday it will invest 8.12 trillion won this year on research and development in science and information and communications technology.

2026.1.1

Bunjang earns government certification for safer used mobile phone sales

Bunjang, a leading online secondhand marketplace in Korea, announced it has become the first certified operator in the online sector under a new government program for the safe trade of used mobile phones.

2025.6.23