South Korea’s Tech Soars as World Stockpiles Before Trump’s Tariff Hammer!

South Korea’s tech exports surged in April, driven by a 17.2% rise in chip shipments, the highest for the month ever, alongside 26.5% growth in smartphones and 21.8% in biopharmaceuticals, per the Korea Customs Service. Total exports hit $58.2 billion, up 3.7%, fueled by stockpiling ahead of potential U.S. tariffs under President Trump, who suspended 25% levies but may reimpose them in July. SK Hynix and Samsung reported strong profits, reflecting robust AI and smartphone demand. However, U.S. shipments fell 6.8%, and auto exports dropped 3.8%. Experts call the stockpiling rational amid tariff uncertainties.

More Business News

South Korea

Table of Contents

Latest News Malaysia

Read More News on Business News Malaysia

Read More News #latestmalaysia

BIZ NEWS CODE Business News Malaysia

Read More News on Business News Malaysia

kazimahmood

Recent Posts

KLCI Extends Gains as Wall Street Records Lift Sentiment

Government expands Budi Diesel quota to 300 litres monthly, aiding 200,000 pick‑up and jeep owners;…

22 minutes ago

Maxis Strengthens Long-Term Growth Through Strong ESG Strategy

Government expands Budi Diesel quota to 300 litres monthly, aiding 200,000 pick‑up and jeep owners;…

1 hour ago

UEM Sunrise Partners EXSIM to Unlock RM415m From Prime KLCC Land

Government expands Budi Diesel quota to 300 litres monthly, aiding 200,000 pick‑up and jeep owners;…

15 hours ago

KLK Faces RM159m Arbitration Claim Over Indonesian Gas Supply Contract

Government expands Budi Diesel quota to 300 litres monthly, aiding 200,000 pick‑up and jeep owners;…

16 hours ago

Avaland Eyes Stronger 2HFY26 with RM1.1 Billion Project Pipeline

Government expands Budi Diesel quota to 300 litres monthly, aiding 200,000 pick‑up and jeep owners;…

17 hours ago

Most Chinese Voters Quietly Yearn for the Stability and Vision of Tun Mahathir’s Earlier Administration

Under Tun Mahathir’s leadership, Malaysia underwent a remarkable transformation from an economy heavily dependent on…

18 hours ago

This website uses cookies.